ONCAP’s Walter Surface Technologies buys Allegro Industries

Walter Surface Technologies, which is backed by ONCAP, has acquired Allegro Industries, a Piedmont, South Carolina-based maker of safety equipment, respirators, air sources and ventilation equipment.

Walter Surface Technologies, which is backed by ONCAP, has acquired Allegro Industries, a Piedmont, South Carolina-based maker of safety equipment, respirators, air sources and ventilation equipment. No financial terms were disclosed. Based in Montreal, Walter is a provider of solutions to the global metal working industry.

PRESS RELEASE

Montreal, Québec, January 4th, 2022 – In its quest to become a global leader for safety and productivity, Walter Surface Technologies is pleased to announce the acquisition of Allegro Industries, a USA-based leading manufacturer of high-quality safety equipment, respirators, air sources and ventilation equipment.

Through this acquisition, Walter is expanding its safety and PPE product offering to industrial users complementing its high-end metalworking products.

“We are very excited to welcome Allegro to the Walter family. Walter is always looking to provide solutions that answer the needs and challenges facing industrial end-users. Now, with this acquisition, Allegro brings the product and manufacturing expertise that will allow us to continue our mission to help our customers work better all while keeping them safe,” said Marc-André Aubé, CEO of Walter. “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,” he added.

Tom Johnston, President and Founder of Allegro Industries welcomes the new relationship: “We are proud to see Allegro adding its solutions to Walter’s renowned offering. The fit is right, and we look forward to Allegro’s potential within the Walter group of companies.” He adds, “We are very excited to be a part of the Walter team.”

Following this transaction, Allegro will continue to operate under its own brand. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.

About Walter Surface Technologies
Walter Surface Technologies provides innovative solutions for the global metal working industry. From high performance abrasives, power tools and tooling to industrial, cleaners, degreasers and lubricants, as well as personal protection equipment, Walter focuses on helping its customers work better. Founded in 1952, the Company is established in 7 countries throughout North America, South America and Europe. International headquarters is in Montreal and U.S. headquarters is located in Windsor, Connecticut. Key certification and awards include, Wall Street Journal Award; Deutscher Material Preiz; American Eagle Award; CleanTech Cleaning Technology Award. For more information, please visit www.walter.com.

About Allegro Industries
With over three decades of experience in the safety industry, Allegro Industries designs and manufactures high-quality safety and PPE equipment for maximum convenience and ease of use in the field. All Allegro products are backed by outstanding customer service, technical support, and fast delivery. Selling exclusively through authorized distributors in the U.S., Canada and abroad, Allegro offers a complete line of respirators, air sources, ventilation equipment, ergonomics, respiratory accessories, eyewear maintenance, and confined space equipment. For more information, please visit Allegrosafety.com