Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and process gear servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
Image © Cagkan – stock.adobe.com.
Headquartered in Loveland, Ohio, with additional areas in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process offers full functions engineering capability and full repair and service centres for rotating gear and liquid handling equipment in every of its locations.
Fischer Process’s current administration group, including president Ken Fischer, will stay with the company.
Ed Pearce, president of Tencarva, mentioned: “Fischer Process Industries has a protracted monitor document of success, a skilled administration group and robust 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 whereas bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which may even be part of us, are the proper 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 good factor about scale as we grow our business,” said Fischer. “ เครื่องมือที่ใช้วัดความดันเลือด 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 investment firm