Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and course of tools servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
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Headquartered in Loveland, Ohio, with extra locations in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process presents full purposes engineering functionality and complete repair and repair centres for rotating equipment and liquid dealing with tools in every of its places.
ไดอะแฟรม ’s existing administration team, together with president Ken Fischer, will remain with the corporate.
Ed Pearce, president of Tencarva, stated: “Fischer Process Industries has a long monitor document of success, a talented administration group and robust service capabilities. The partnership brings the addition of valves to Tencarva’s product line and offers us entry 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 perfect complement to Tencarva’s existing platform, which we plan to continue increasing via strategic acquisitions.”
“We’re very excited about our partnership with Tencarva, which permits us to run a bigger platform with the profit of scale as we grow our enterprise,” said Fischer. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities along with bettering back-office efficiencies.”
Tencarva is a portfolio firm of Bessemer Investors LLC, a New York-based funding firm
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