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 additional locations in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process provides full applications engineering capability and full restore and repair centres for rotating gear and liquid dealing with tools in each of its places.
Fischer Process’s existing administration group, together with 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 staff and powerful service capabilities. เกจแรงดันลม brings the addition of valves to Tencarva’s product line and provides us entry 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 existing platform, which we plan to continue expanding through 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 develop our business,” stated Fischer. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities in addition to improving back-office efficiencies.”
Tencarva is a portfolio company of Bessemer Investors LLC, a New York-based funding firm
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