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August 2018

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Walter Surface Technologies Acquires Blackstone Supply Agreement



Walter Surface Technologies has announced the acquisition of the Fastenal Blackstone supply agreement and all related inventory from Sundisc Abrasives USA LLC.

"This transaction allows us to accelerate our expansion in the U.S. by servicing one of the fastest growing industrial distributors in the country," said Marc-André Aubé, President and COO of Walter Surface Technologies. "We are excited to help contribute to the success of the Blackstone brand, and we believe this agreement will also contribute to the success of Walter's own high-performance line of products."

"Blackstone is one of Fastenal's brands of abrasives and welding consumables known for its cutting-edge technology and quality," said a company spokesperson. "Under Walter's advanced design and manufacturing processes, customers will have access to a wide range of Blackstone abrasives that will be continually optimized for performance."

"Fastenal is pleased to enter into this supply agreement with the scale of a leading global abrasives manufacturer such as Walter Surface Technologies," said Paul Quigley, Vice President, Product Development, Fastenal. "Fastenal customers will benefit from Walter's product innovations and dedicated technical support."

For more information contact:

Walter Surface Technologies

810 Day Hill Road

Windsor, CT 06095

860-298-1100

info.us@walter.com

www.walter.com

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