Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and course of tools servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
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Headquartered in Loveland, Ohio, with extra locations in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process provides full functions engineering functionality and full restore and service centres for rotating tools and liquid handling gear in every of its locations.
Fischer Process’s current management staff, together with president Ken Fischer, will stay with the company.
Ed Pearce, president of Tencarva, mentioned: “Fischer Process Industries has a long observe report of success, a talented management team and powerful service capabilities. The partnership brings the addition of valves to Tencarva’s product line and gives us access to new markets in Indiana, Kentucky and Ohio whereas bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which will also be a part of us, are the proper complement to Tencarva’s present platform, which we plan to proceed increasing via strategic acquisitions.”
“We’re very excited about our partnership with Tencarva, which permits us to run a larger platform with the profit of scale as we develop our enterprise,” stated Fischer. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities along with bettering back-office efficiencies.”
Tencarva is a portfolio firm of Bessemer Investors LLC, a New York-based investment firm
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