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DiversiTech Corp., a manufacturer and supplier of HVACR parts and accessories, announced that it has purchased Alltemp Products Co. Ltd., a premium HVAC parts supplier serving the Canadian market,
Founded in 1970 and based in Pickering, Ontario, Alltemp serves Canadian wholesalers offering a wide array of parts and supplies for HVAC equipment, electrical motors and pumps. Under terms of the agreement, Alltemp will retain its name and operate independently as a DiversiTech company.
Richard Chalmers, Alltemp vice president who has been with the company for more than 30 years, will continue to lead Alltemp.
The acquisition of Alltemp expands DiversiTech’s established Canadian channel and offers customers in that market an even more diverse line of products. The transaction will simplify order placement and fulfillment, resulting in significantly enhanced service for both companies’ customers. Alltemp will benefit from a partner who brings significant resources in new product development and international distribution to further augment its services to the local Canadian market.
The two companies will operate “business as usual,” each serving and fulfilling orders for their respective customers for the remainder of 2016 while preparations are completed to facilitate consolidated ordering through the Alltemp organization.
DiversiTech’s acquisition of Alltemp is the company’s sixth acquisition in the past 12 months. It continues the company’s aggressive strategy to bring its customers world-class products and service and to make each customer more profitable. The company currently offers more than 15,000 product items in over 300 product categories.