Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and process equipment servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
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Headquartered in Loveland, Ohio, with further areas in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process provides full purposes engineering capability and full restore and repair centres for rotating gear and liquid handling tools in every of its areas.
pressure gauge octa ’s present management team, including president Ken Fischer, will remain with the company.
Ed Pearce, president of Tencarva, said: “Fischer Process Industries has a protracted observe document of success, a talented management group 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 may even be part of us, are the perfect complement to Tencarva’s present platform, which we plan to proceed increasing via strategic acquisitions.”
“We’re very enthusiastic about our partnership with Tencarva, which allows us to run a bigger platform with the benefit of scale as we grow our enterprise,” stated Fischer. “Tencarva introduces us to a broader buyer and vendor base and enhances our service capabilities in addition to enhancing back-office efficiencies.”
Tencarva is a portfolio firm of Bessemer Investors LLC, a New York-based investment firm
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