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 provides full purposes engineering functionality and full restore and repair centres for rotating tools and liquid dealing with gear in every of its places.
Fischer Process’s present management staff, including president Ken Fischer, will stay with the corporate.
diaphragm seal , president of Tencarva, said: “Fischer Process Industries has a long observe document of success, a talented management staff and powerful service capabilities. The partnership brings the addition of valves to Tencarva’s product line and offers us access to new markets in Indiana, Kentucky and Ohio while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which will also join us, are the proper complement to Tencarva’s current platform, which we plan to proceed expanding 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 grow our enterprise,” mentioned Fischer. “Tencarva introduces us to a broader customer 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 agency
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