DiversiTech Acquires the Hef-T-Pad Product Line

DiversiTech Corporation has acquired the Hef-T-Pad^™ and related equipment support products from NDS, Inc. Both DiversiTech and NDS are closely held private corporations. The manufacture of the Hef-T-Pad product will be relocated to DiversiTech's polymer products manufacturing facilities in Conyers, GA.

Speaking of the acquisition, CEO Charles Lipman stated “The acquisition of the Hef-T-Pad will complement DiversiTech's broad offering of equipment pads and accessories. This acquisition is another step in reducing HVACR distributor product procurement costs through consolidated purchasing. Enabling our distribution partners to reduce their transactional costs through consolidated purchasing is a core strategic objective for DiversiTech.”

The addition of the Hef-T-Pad to DiversiTech's equipment pad offering brings the broadest selection of equipment pad styles under a single supplier. DiversiTech manufactures the lightweight concrete pad, UltraLite^® pad; traditional concrete pads under the CladLite^® and Hunk brands; and plastic pads under the E-Lite^®, The Black Pad^® and the Hef-T-Pad brands.

Providing a broad selection of equipment pads and related products from a single supplier enables the wholesale distributor to reduce their product acquisition costs by dealing with a single supplier of multiple products versus multiple suppliers of single products.

Visit www.diversitech.com for additional information.