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DiversiTech Corp., a US HVACR component maker, formed DiversiTech Europe by merging with Italian Artiplastic and Rodigas, Belgian Castel Engineering, and its existing UK business. The combined company will make HVACR parts and accessories in Europe.
DiversiTech Corporation is opening a concrete manufacturing plant in Leesburg, Lake County, Florida, with an investment of over $2 million and a commitment to create at least 25 jobs.
A company backed by Permira funds signed a definitive agreement to acquire Atlanta-based DiversiTech, a manufacturer and supplier of HVACR aftermarket components, from an affiliate of The Jordan Company. The senior management team will remain significant owners.