Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and course of equipment servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
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Headquartered in Loveland, Ohio, with extra areas in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process presents full functions engineering functionality and full repair and repair centres for rotating equipment and liquid handling gear in every of its areas.
Fischer Process’s present administration group, including president Ken Fischer, will stay with the corporate.
Kickstart , president of Tencarva, mentioned: “Fischer Process Industries has a protracted monitor record of success, a skilled management group and strong 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 while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which may also be part of us, are the right complement to Tencarva’s existing platform, which we plan to proceed expanding via 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 business,” stated Fischer. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities along with enhancing back-office efficiencies.”
Tencarva is a portfolio company of Bessemer Investors LLC, a New York-based funding firm
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