Acquisition of Nottingham distributor builds on JV relationship and expands European reach for US component and ancillaries specialist
DiversiTech Corp has purchased Pump House, the supplier of ancillary HVACR products based in Nottingham. The manufacturer said the acquisition enables it to further expand its European and international customer reach with a well-established organisation with a wide range of products and ‘first-class distribution capabilities.’
DiversiTech said Pump House will retain its name and primary focus on serving the European market, but will have greater product capacity and resource availability under its umbrella. “The acquisition formally solidifies Pump House and DiversiTech’s long-standing partnership, which was created through a joint venture established in 2006.”
Pump House sells more than 1,500 products to national and independent distributors, wholesalers and OEMs across five major sectors: air conditioning; refrigeration; heating; renewables; and support systems. Products are available via most major and independent wholesalers/merchants.
Founded in 2001, Pump House has three warehouse facilities in Nottingham, and serves customers in many European countries, the U.S.A., the Middle East and Australia.
DiversiTech Chief Sales and Marketing Officer Bud Sjogren said: “Bringing Pump House into the DiversiTech family makes perfect sense and is a natural progression based on our long-standing partnership. We see continued opportunity in the European market, and this acquisition assists us in capitalizing on those opportunities. As a result of the merger, both companies will be expanding their product portfolios with the goal of providing our customers a compelling one-stop-shop offering. This is in keeping with our desire to help our many customers simplify the way they work.”
Pump House Managing Director Dave Bass said: “After 12 years as a joint venture, DiversiTech has acquired all share capital of Pump House. Craig and I will stay with the business as it begins a new chapter of its developments as a member of the DiversiTech family, while Paul Ludlow will retire from the business.
There are no other changes and all members of the team will remain the same. We see this as the perfect fit for us with greater resources in engineering and R&D that will bring more new products to the market and help our growth both in UK and Europe. I thank you for your continued support.”
DiversiTech said that customers will see business as usual in terms of placing orders and technical assistance.
The company said the purchase of Pump House follows its recent acquisition of Cliplight Manufacturing Company and its Super Seal family of brands.