International. Diversitech, manufacturer and supplier of HVAC/R parts and accessories, announced that it has purchased Alltemp Products Co. Ltd., a supplier of premium HVAC parts serving the Canadian market.
The acquisition expands DiversiTech's established Canadian channel and offers customers in that market an even more diverse line of products. The operation will simplify the fulfillment and fulfillment of orders, resulting in better service to customers in a significant way for both companies. Alltemp will benefit from a partner that brings significant resources in new product development and international distribution to further increase its services to the local Canadian market.
"Alltemp is a highly respected and very well-managed company that has deep roots and expertise within the Canadian HVAC market," said DiversiTech CEO Jim Prescott. "We are excited to have them join our family and deepen relationships with our mutual Canadian customers."
"DiversiTech brings us a wealth of resources and the broadest range of HVAC/R products in the industry," said Richard Chalmers, who leads Alltemp's business. "The growth opportunity from this acquisition enhances our dedication to customer service. This is truly a very exciting time in our company's history and ensures a strong and healthy future for Alltemp."