DiversiTech Acquires SPIN Tools from Cimport
DULUTH, Ga. — DiversiTech Corp has acquired SPIN Tools from Cimport, a Brazilian company with more than 20 years experience in the HVACR market. The acquisition was completed on September 30, 2020.
Introduced to the HVACR market in 2014, SPIN Tools feature a technology to flare or swage copper tubing in seconds. Known for being 10 times faster than conventional tools, SPIN Tools were designed to use a high temperature method for shaping metal materials without changing the underlying properties of the copper. The SPIN Tools product is sold through HVACR wholesalers globally.
“With the addition of SPIN Tools to the DiversiTech portfolio we have further bolstered our presence in the HVAC/R Tools market,” said Andy Bergdoll, DiversiTech CEO. “The integration of SPIN Tools enables our wholesale partners to consolidate their orders with other DiversiTech products, simplify their logistics and reduce their freight costs.”