DiversiTech Acquires Cliplight Mfg.
The complete integration is expected to be finalized in Q1 of 2016
ATLANTA — DiversiTech Corp., a manufacturer and supplier of HVACR parts and accessories, has purchased Cliplight Mfg. Co., a Toronto-based manufacturer of HVACR sealants, work lights, and battery charger products.
Cliplight brings numerous AC/R sealant brands and products across various other sectors, as well as its research and development capabilities and superior technical support to the DiversiTech portfolio. These advantages, as well as DiversiTech’s warehousing and distributing operations, will provide improved shipping and ordering efficiencies and an expanded geographical reach to serve more customers. Most immediately, DiversiTech will now be able to offer its HVAC wholesaler partners a broader and more complete line of leak-detection and sealant-repair products as well as lighting tools and air-purification products.
Founded in 1976 with the Cliplight work light, the company later invented the residential and commercial HVACR sealant, Super Seal™, in 2003. Super Seal, which continues to be made in the U.S., boasts nearly 2 million sealant appliance, residential, and commercial a/c and refrigeration system applications worldwide.
In addition to acquiring the Super Seal family of brands, other product lines coming to DiversiTech include work lights, leak-detection inspection lights, air ozone machines, a/c tools, and battery chargers. Combined, DiversiTech is acquiring more than 450 product SKUs.
“This is a perfect marriage between two companies with complementary products and services that can be leveraged to the greater benefit of our HVAC wholesaler customers and contractors,” said Bud Sjogren, chief sales and marketing officer, DiversiTech. “The entire leadership team and the employees of Cliplight are second-to-none. With them and all of Cliplight’s assets, we are furthering our mission of providing the widest selection of quality products to help our customers simplify the way they work.”
“DiversiTech has an enviable market-leading position and a true vision for the future,” said Linda Appler, director of sales and marketing, HVACR, Cliplight. “We’re excited to join a team that has an expansive sales force, key customer access, excellent financial strength, and other superior operational capabilities. The future looks very bright with the combination of our two companies.”
During the integration, which is already underway, customers of both companies will continue to receive the same level of service and delivery they’ve come to expect.
The complete integration is expected to be finalized in Q1 of 2016.
Publication date: 1/18/2016