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Walter Surface Technologies Acquires Arcone



Walter Surface Technologies has announced the acquisition of ArcOne, a provider of industrial safety products based in Taunton, MA.

"Through this acquisition, Walter adds a unique personal protective equipment product line to its offering, complementing both its high-end metalworking products and its workplace safety seminar program," said a Walter spokesperson.

"We are very excited to welcome ArcOne to the Walter family," said Marc-André Aubé, CEO of Walter. "ArcOne brings a solid network and expertise that will allow us to continue our mission to help our customers work better. Walter has always had a strong focus on the health and safety of our customers. Now, with ArcOne, we can concretely better serve them with high quality personal protection equipment, helping them work effectively as well as safely. 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, said, "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 and the timing is right. We are poised for more growth and excitement."

ArcOne will continue to operate under its own brand. Activities for customers and suppliers remain unchanged.

For more information contact:

Walter Surface Technologies

810 Day Hill Road

Windsor, CT 06095

860-298-1100

info.us@walter.com

www.walter.com

ArcOne

85 Independence Drive

Taunton, MA 02780

800-223-4685

www.arc1weldsafe.com

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