Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and process tools servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
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Headquartered in Loveland, Ohio, with additional places in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process provides full purposes engineering capability and complete repair and repair centres for rotating tools and liquid dealing with gear in each of its places.
Fischer Process’s present administration staff, including president Ken Fischer, will stay with the corporate.
Ed Pearce, president of Tencarva, stated: “Fischer Process Industries has a long observe report of success, a skilled management group and robust service capabilities. The partnership brings the addition of valves to Tencarva’s product line and provides us access to new markets in Indiana, Kentucky and Ohio while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which may also join us, are the right complement to Tencarva’s present platform, which we plan to continue expanding via strategic acquisitions.”
“We’re very excited about our partnership with Tencarva, which permits us to run a bigger platform with the advantage of scale as we grow our enterprise,” said Fischer. “ pressure gauge introduces us to a broader buyer and vendor base and enhances our service capabilities along with improving back-office efficiencies.”
Tencarva is a portfolio company of Bessemer Investors LLC, a New York-based funding agency
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