Walter Surface Technologies Acquires PushCorp Inc.
Walter’s acquisition of PushCorp is intended to contribute to the company’s objective of expanding its offerings into robotics for material removal operations.
Walter Surface Technologies has acquired PushCorp Inc., a U.S.-based manufacturer of robotic end-of-arm tools for material removal applications.
The companies strive to answer the needs and challenges facing industrial end users. With the addition of PushCorp to its portfolio, Walter intends to help its customers to be more productive, and to confidently approach robotics and automation for their material removal processes.
Marc-André Aubé, CEO of Walter, says, “This transaction is an unequaled opportunity to position Walter as a leader in robotic and automated material removal solutions in North America as we continue to evaluate other growth strategies, namely through accretive acquisitions.”
Mike McMillen, CEO of PushCorp, welcomes the new relationship. “We saw in this opportunity the perfect alignment of both customers, products and values. We are proud to see PushCorp adding its experience and robotic solutions to Walter’s renowned and robust offering. We are confident this is a strong pathway to growth and success for our shared customers.”
Following this transaction, PushCorp intends to continue to operate under their own respective brands. The transaction is effective immediately, and activities for both customers and suppliers are expected to remain unchanged.
