DiversiTech Corp. Acquires Morris Products
DiversiTech Corp., a manufacturer and supplier of HVACR parts and accessories, has purchased Morris Products Inc., Queensbury, N.Y., a family-owned supplier and manufacturer of electrical and lighting products sold to electrical distributors. Under terms of the agreement, Morris will retain its name and operate independently as a DiversiTech company.
The acquisition gives DiversiTech an additional channel to market beyond its core vertical of HVAC wholesalers. The two companies will pursue cross-channel manufacturing and marketing opportunities, expanding the basket of products offered into each wholesale channel, said a DiversiTech release. Morris President Jeff Schwartz will continue to run the company with all current employees and the company’s existing sales force.
About the Author
Doug Chandler, Senior Staff Writer
Executive Editor
Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.