News
Walter Surface Technologies acquires industry safety specialist ArcOne
February 28, 2020 by Manufacturing AUTOMATION
Walter Surface Technologies has acquired ArcOne, a provider of industrial safety products based in Taunton, Massachusetts.
Through this acquisition, Walter, which is based in Montreal and has locations in seven countries, adds a personal protective equipment product line to its offering, complementing both its metalworking products and its workplace safety seminar program.
“We are very excited to welcome ArcOne to the Walter family. ArcOne brings a solid network and expertise that will allow us to continue our mission to help our customers work better,” says Marc-André Aubé, CEO of Walter, in a release.
“This transaction is an unequalled opportunity to build up our activities in the North American market as we continue to evaluate other growth strategies, namely through accretive acquisitions.”
Edward Martin, president of ArcOne, welcomes the new relationship: “We saw in this opportunity the perfect alignment of both products and values. We are proud to see ArcOne adding its unique safety products line to Walter’s renowned and robust offering. The fit is right, the timing is right.”
Following this transaction, ArcOne will continue to operate under its own brand.
The acquisition is effective immediately, and activities for both customers and suppliers remain unchanged.
