Nottingham-based Pump House has been acquired by DiversiTech Corp, a US-based manufacturer and supplier of HVAC parts and accessories.
The acquisition is part of DiversiTech's European expansion plans, increasing its international customer reach.
Pump House will retain its name and primary focus on the European market, with a greater product capacity now possible thanks to the resources available under the DiversiTech 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, boiler, renewables and support systems. Founded in 2001, Pump House has three warehouse facilities in Nottingham and serves customers across Europe, the USA, Middle East and Australia.
"Bringing Pump House into the DiversiTech family is a natural progression based on our long-standing partnership," said DiversiTech chief sales and marketing officer Bud Sjogren. "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."
"We are excited to be a part of the DiversiTech family," added Pump House managing director Dave Bass. "DiversiTech's depth of resources will enable us to continue our growth while bringing more value and support to our customers than ever before."
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