“As the fourth generation decided to join the family businesses, they brought a lot of energy and enthusiasm, but with that came more complexity,” Thomas Walker said. “It became apparent that our best course of action was to first sell two businesses outright, then to split those remaining according to their respective managers, and all go our separate ways.”
Thomas Walker added that the acquisition, which is the result of extensive succession planning, marks the final step in a multi-year bid to focus their efforts.
“It is fun to see the Walker family continue a passion for manufacturing, now extending four generations,” Jeremy Walker said. “Our products, factory and operations are better than they have ever been.
“We have high hopes for Anthony as a completely independent company.”