• TOPICS
    • Design
    • Manufacturing
    • Inspection
    • Heat Treating
    • Lubrication
    • Materials
    • The Gear Industry
    • Gears by Type
  • MAGAZINE
    • Current Issue
    • Departments
    • Archives
    • Subscribe
    • Advertise
  • NEWSLETTER
    • Subscribe
  • VIDEO
    • Gear Technology TV
      • Ask the Expert Live
      • Revolutions
    • Industry Videos
  • BLOGS
  • BUYER'S GUIDE
  • NEWS and EVENTS
    • Product News
    • Industry News
    • Events
  • ADVERTISING
    • Brand Awareness
      • Print: Display Advertising
      • Online: Web Banners & Keyword Banners
      • Online: Native Advertising (Sponsored Content)
      • E-mail: Custom, White Papers & Webinars
      • E-mail: Newsletter Sponsored Content (Native Advertising)
    • Response & Lead Generation
      • Online: Sponsored Content (Native Advertising)
      • E-mail: Newsletters
      • E-mail: Newsletter Sponsored Content (Native Advertising)
      • E-mail: Custom, White Papers & Webinars
      • Online: Buyers Guide
    • Print Advertising
      • Print: Display Advertising
      • Print: MPT Expo Showstoppers
      • Print: Buyers Guide
      • Print: Manufacturing sMart
      • Print: Specifications
      • MPT Expo Show Guide Advertising
    • Online Advertising
      • Online: Web Banners & Keyword Banners
      • Online: Native Advertising (Sponsored Content)
      • Online: Buyers Guide
      • Online: Specifications
    • E-mail Advertising
      • E-mail: E-Newsletters
      • E-mail: Newsletter Sponsored Content (Native Advertising)
      • E-mail: AGMA Industry News
      • E-mail: Custom, White Papers & Webinars
      • E-mail: Specifications
    • Special Promotions
      • Print: MPT Expo Showstoppers
      • Print: Buyers Guide
      • Print: Manufacturing sMart
      • MPT Expo Show Guide Advertising
  • CONTACT US
  • AGMA
    • Membership
    • Events
    • Education
    • Emerging Technology
    • AGMA Media
    • Standards
Subscribe
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » Walter Surface Technologies Acquires Drillco and Triumph Twist Drill

Walter Surface Technologies Acquires Drillco and Triumph Twist Drill

January 5, 2021
Walter Surface Technologies has announced the acquisition of two companies, Drillco, a quality brand offering premium cutting tools, and Triumph Twist Drill, a USA based leading manufacturer of tooling and drilling solutions.
Through these acquisitions, Walter is expanding its cutting tool product offering to metalworkers complementing its high-end metalworking products.

“We are very excited to welcome both Drillco and Triumph to the Walter family. Drillco brings a solid distribution network and product expertise that will allow us to continue our mission to help our customers work better. This is complemented by Triumph’s state-of-the-art manufacturing facility of quality cutting tools. Walter is always looking to provide solutions that answer the needs and challenges facing end-users in the metalworking industry. Now, with these two acquisitions, we can help our customers to be more productive with durable products for a broad range of applications,” said Marc-André Aubé, CEO of Walter. “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,” he added.

Sandra (Missy) Woodard, CFO, Drillco, welcomes the new relationship: “We saw in this opportunity the perfect alignment of both products and values. We are proud to see Drillco adding its cutting tool solutions to Walter’s renowned and robust offering.”

Scott Allison, president, Minnesota Twist Drill, adds: “The fit is right and we could not be more proud to be a part of the Walter team.”

Following this transaction, both Drillco and Triumph will continue to operate under their own respective brands. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.
Design Twist Industry News
  • Related Articles

    Walter Surface Technologies Acquires Allegro Industries

    Walter Surface Technologies Acquires ArcOne

    Walter Surface Technologies Acquires Blackstone Supply Agreement from Sundisc Abrasives

  • Related Events

    AGS Manufacturing Training Series - A Study of Non-Destructive Testing, Surface Temper Inspection, and Barkhausen for Manufacturing

    Michigan Metrology Surface Metrology and Tribology Short Course

    International Conference on Surface Metrology

Free Gear Technology Subscriptions
Subscribe
Free Gear Technology Subscriptions
Subscribe
FEATURED VIDEO
  • Marposs
    Marposs OptoCloud EDU
December 15, 2022
RECOMMENDED
  • Precision Equals Performance at ZPE GripTec

    October 12, 2022
    gt0922_Page_28_Image_0003.jpg
  • State of the Powder Metal Industry

    October 12, 2022
    gt0922_Page_30_Image_0001.jpg
  • The Afterglow of Furnaces North America 2022

    October 12, 2022
    gt0922_Page_20_Image_0001.jpg
  • Reigniting the Educational Infrastructure

    December 5, 2022
    gt1122_Page_20_Image_0001.jpg
  • Profile: Continuing Education and Training with the AGMA

    December 5, 2022
    gt1122_Page_26_Image_0001.jpg
  • Reigniting the Educational Infrastructure

    December 5, 2022
    gt1122_Page_20_Image_0001.jpg
  • Profile: Continuing Education and Training with the AGMA

    December 5, 2022
    gt1122_Page_26_Image_0001.jpg
  • Precision Equals Performance at ZPE GripTec

    October 12, 2022
    gt0922_Page_28_Image_0003.jpg
  • Subscribe
  • Advertise
  • Contribute
  • AGMA
Powered byAGMA
Copyright © 2023 Gear Technology
  • Privacy Policy
  • Contact