Wagner SprayTech acquires HomeRight
PaintSticks, sprayers, heat guns and a loyal DIY following are all part of the deal.
Wagner SprayTech, maker of advanced paint applicators and tools, acquired HomeRight, a division of Diversified Dynamics Corporation based in Blaine, Minn. HomeRight markets PaintSticks, airless and HVLP paint sprayers, heat guns, rollers, steamers and related products, primarily to home DIY and crafting markets.
In the announcement of the deal, Wagner pointed to HomeRight’s loyal customer base of DIY and arts and crafts consumers. The acquisition is part of Wagner’s growth plan, further solidifying the company’s leadership position in the sprayer category and the decorative finishing industry, the company said.
“We are pleased to welcome HomeRight customers and employees to the Wagner SprayTech family,” said Greg McGuirk, president, Wagner SprayTech, Americas. “With a history of innovation, a passion for quality, and desire to exceed customer expectations, HomeRight is an excellent addition to Wagner’s industry leading brands and will bolster our leadership position in the DIY and crafting markets.”
Wagner will retain the HomeRight brand and plans to continue offering HomeRight products through existing retailers. HomeRight products will continue to be sourced and manufactured globally, and will begin shipping from Wagner facilities starting Jan. 1, 2019. Full details of the integration plan will be finalized in the coming months.
“After more than 30 years developing the HomeRight brand, the time is right to join forces with Wagner, a prominent industry leader,” said Steve Bruggeman, President, Diversified Dynamics. “Our customers will be in good hands with such a capable and customer-focused company, ensuring our tradition of making DIY and crafting easier and faster continues.”
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