Hutchwilco Limited has acquired the marine accessory stock and intellectual property of Porirua based distributor Diversified Products NZ Ltd.
Hutchwilco Operations Manager Bernard Orme says the acquisition of Diversified Products range is part of Hutchwilco’s continual growth strategy for the company to build its portfolio and to offer a wider range of products to their customers.
“The combination of Hutchwilco and the Diversified Products brands will provide our customers with a wider range of products along with a broader and improved inventory,” says Orme.
“We see the acquisition being good for all involved, including our retailers.”
Hutchwilco will take over the distribution and sale of Diversified Products extensive range of marine products and accessories immediately.
The acquisition will also include Line 7 lifejacket products but will not include the Tohatsu range of outboard engines and parts that Diversified Products currently distributes.
ENDS
For further information:
Freddy Foote
F2 Communications
Phone: 0274 960 260
Email: freddy@f2communications.co.nz
About Hutchwilco
Hutchwilco Limited is a proudly New Zealand owned and operated manufacturer and distributor of quality Marine Safety Equipment, recreational and performance Watersports Products and nationwide agents for industry leading brands such as ACR, PAINS WESSEX, ZODIAC NAUTIC & ZODIAC MILPRO.
