DiversiTech acquires sealant firm Cliplight
The Toronto-based manufacturer of the Super Seal brand of air conditioning and refrigeration sealants and a market leader in several other sectors, Cliplight adds a number of well-known brands to the DiversiTech portfolio, including lighting tools and air purification products.
DiversiTech sees advantages in marrying its own large customer base, warehousing and distributing operations with Cliplight’s r&d capabilities and technical support.
“This is a perfect marriage between two companies with complementary products and services that can be leveraged to the greater benefit of our HVAC wholesaler customers and contractors,” said DiversiTech chief sales and marketing officer Bud Sjogren.
Founded in 1976, Cliplight invented the first residential and commercial HVACR sealant, Super Seal, in 2003. Super Seal, which continues to be made in the USA, is the industry’s most widely recognised sealant brand with nearly 2 million sealant applications worldwide for appliance, residential, and commercial AC and refrigeration systems.
In addition to acquiring the Super Seal family of brands, other product lines coming to DiversiTech include: work lights, leak detection inspection lights, air ozone machines, air conditioning tools and battery chargers. Combined, DiversiTech is acquiring more than 450 product lines.
Following a management buy-out in May last year, the purchase of Cliplight continues DiversiTech’s history of growth through acquisition of industry-recognised brand names and assets.
Latest news from the world of air conditioning and refrigeration
UK: The majority of local authorities in the UK are flouting government prompt payment laws, according to a new report by the Electrical Contractors’ Association (ECA).
UK: A cascade refrigeration system twinning CO2 with the HFO refrigerant 1234ze has been named as Retail Energy Project of the Year in last week’s Energy Awards in London.
UK: Industrial refrigeration contractor Stonegrove Refrigeration has appointed Steve Gowing as design and project engineer.
UK: Javac UK, the refrigerant recovery and vacuum pump supplier, has been named as Climate Centers’ Supplier of the Year for the second year running.
USA: Refrigerant manufacturers have appealed against the US International Trade Commission decision not to apply antidumping duties on imports of HFC components from China.
EUROPE: The European Commission has warned that the uptake of training in alternative refrigerants is too low to match the requirements of the F-gas phase down.
SOLOMON ISLANDS: Customs authorities in the Solomon Islands have reported their second seizure of the illegal CFC refrigerant R12 this year.
IRAN: German compressor manufacturer Bitzer has established a subsidiary company in Iran.