Steelite International Acquires Walco Stainless
September 30, 2022
Steelite International, a PE-backed tabletop and hospitality products supplier, has acquired Walco Stainless, the flatware and holloware division of the Utica Cutlery Company. The deal — Steelite's fifth add-on under owner Arbor Investments — expands Steelite's flatware and buffet product offering and strengthens its position in the North American hospitality market; terms were not disclosed.
- Targets
- Walco Stainless
- Sellers
- Utica Cutlery Company
- Platforms
- Steelite International
- Industry
- Manufacturing
- Location
- New York, United States
- Transaction Type
- Addon
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