DiversiTech completes acquisition of Hilmor
August 23, 2018 | By Jillian Morgan
DiversiTech Corp. has completed its acquisition of HVAC/R tools supplier hilmor nearly two years after the brand, along with Irwin and Lennox, was purchased by Stanley Black & Decker for $1.95 billion.
The acquisition is one of 10 undertaken by DiversiTech in the past two years.
“Several key hilmor personnel, including all current hilmor sales reps, will be joining the new business under DiversiTech,” said Bud Sjogren, chief sales and marketing officer at DiversiTech.