WALTER Surface Technologies acquires Greenfield Industries

WALTER Surface Technologies has announced its acquisition of Greenfield Industries, a manufacturer of branded and private label cutting tools.

Following this transaction, Greenfield Industries will continue to operate under their own respective brands. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.

“We are very excited to welcome Greenfield Industries to the WALTER family," said Marc-André Aubé, CEO of WALTER. "Greenfield brings to WALTER its premium USA-made brands (Cleveland, Chicago-Latrobe, Cle-Line, Greenfield Threading) and its robust manufacturing capabilities and infrastructure that will allow us to continue our mission to help our customers work better. WALTER is always looking to provide solutions that answer the needs and challenges facing end-users in the metalworking industry."

“We saw in this opportunity the perfect alignment of both products and values," added Ty Taylor, President of Greenfield Industries. "We are proud to see Greenfield adding its tooling and drilling solutions to WALTER’s renowned and robust offering. We are confident this is a strong pathway to growth.”