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 extra places in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process presents full applications engineering functionality and complete repair and service centres for rotating tools and liquid dealing with tools in every of its areas.
Fischer Process’s existing management group, including president Ken Fischer, will stay with the corporate.
Ed Pearce, president of Tencarva, mentioned: “Fischer Process Industries has a protracted monitor record of success, a skilled management team and strong service capabilities. ที่วัดแรงดัน 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 be a part of us, are the right complement to Tencarva’s current platform, which we plan to continue increasing by way of strategic acquisitions.”
“We’re very enthusiastic about our partnership with Tencarva, which permits us to run a larger platform with the advantage of scale as we develop our enterprise,” said 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 company of Bessemer Investors LLC, a New York-based investment firm
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