ONCAP Acquires Walter Surface Technologies

ONCAP (Toronto, ON), the mid-market private equity platform of Onex Corporation, has purchased a majority stake in Walter Surface Technologies (Montreal, QC), in partnership with the existing management team. The Walter Group will retain a minority interest in the company, which is a leading provider of innovative systems for the metalworking industry, including abrasives, tooling, power tools, chemical solutions and welding process...

Walter Surface Technologies Acquires Blackstone Supply Agreement

  Walter Surface Technologies (Montreal, QC) announced the acquisition of the Fastenal® Blackstone® supply agreement and all related inventory from Sundisc Abrasives USA LLC (St. Louis, MO).  With this agreement, Walter becomes one of Fastenal’s trusted private label suppliers across the Americas. “This transaction allows us to accelerate our expansion in the United States by servicing one of the fastest growing industrial...

Walter Surface Technologies Appoints New President

Walter Surface Technologies (Pointe-Claire, QC) has announced the appointment of Marc-André Aubé as their president and chief operating officer. Before joining the company, Aubé worked as president and chief operating officer of GardaWorld Protective Services, where his main responsibilities included driving the company’s annual growth, ensuring superior-quality service and maintaining operational excellence within a team composed...