DiversiTech Corporation, a leading aftermarket manufacturer and supplier of highly-engineered components for residential and light commercial heating, ventilating, air conditioning and refrigeration (HVACR), announced that it has acquired hilmor from Stanley Black & Decker. The acquisition was completed August 10.
Introduced to the HVACR market in 2013, the hilmor brand enjoys a leading reputation as a trusted supplier of innovative and quality HVACR tools. More than 300 hilmor products ranging from manifolds and gauges to vacuum pumps and electronic tools are available to HVACR technicians across the US, Canada and Latin America. The brand has consistently introduced new and revolutionary products over the years, including its Compact Swage Tool, Compact Bender and Dual Readout Thermometer.
“Our mission, and the driving force behind all we do, is to simplify the way our customers work,” said DiversiTech CEO Andy Bergdoll. “The addition of the hilmor brand to the DiversiTech family is a major step towards furthering that mission. We’re adding a tool brand and a portfolio of products that are synonymous with innovation and are highly complementary to the products we currently offer,” he added. DiversiTech Chief Sales and Marketing Officer Bud Sjogren added that the DiversiTech leadership team is working closely with its hilmor and Stanley Black & Decker counterparts to ensure a seamless transition. “Several key hilmor personnel will be joining the new business under DiversiTech, further securing continuity, expertise and an extended platform for growth,” said Sjogren.