Press Release

Allor is a leading provider of new replacement parts, and refurbished components primarily for the steel industry. The Company manufactures and services a wide range of aftermarket products for leveling and conveyance systems including chains, wheels, levelers, work rolls, and bearings.

MPE and Webster partnered in the transaction with Allor’s President, Tony Allor, and its management team. AJ Felter, Chief Executive Officer of Webster, said, “Allor has a rich history and sterling reputation, with Tony establishing the Company as the go-to-provider in its industry. We look forward to better serving our combined customer base with a broader set of chain and leveling products and aftermarket service capabilities.”

Tony Allor noted, “Webster’s long track record of manufacturing excellence, customer focus, and employee-oriented culture resonated with us when seeking out a partner. I am excited to continue this journey with AJ and his team to continue to carry on the legacy of my father, who founded Allor in 1970, and grow the Allor and Plesh brands.”

Constantine Elefter, Partner at MPE, added, “Allor is a great addition to Webster. Allor has a strong leadership team who has positioned the Company for continued commercial and operational success. We are thrilled about this strategic combination and working alongside Tony and the Allor team.” He also reflected that “the Carleton McKenna & Co team was invaluable for bridging differences between the parties and was a force multiplier in getting this transaction completed.”