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 further areas in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process presents full applications engineering capability and complete repair and repair centres for rotating equipment and liquid handling equipment in every of its locations.
Fischer Process’s existing administration staff, together with president Ken Fischer, will stay with the company.
Ed Pearce, president of Tencarva, said: “Fischer Process Industries has a protracted track report of success, a talented management staff and strong service capabilities. The partnership 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 part of us, are the proper complement to Tencarva’s existing platform, which we plan to continue increasing via strategic acquisitions.”
“We’re very enthusiastic about our partnership with Tencarva, which allows us to run a bigger platform with the profit of scale as we grow our enterprise,” said Fischer. “Tencarva introduces us to a broader buyer and vendor base and enhances our service capabilities along with improving back-office efficiencies.”
เพรสเชอร์เกจ is a portfolio company of Bessemer Investors LLC, a New York-based investment agency
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