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 further areas in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process provides full functions engineering functionality and complete restore and repair centres for rotating tools and liquid dealing with equipment in each of its locations.
Fischer Process’s present management staff, together with president Ken Fischer, will remain with the company.
Ed Pearce, president of Tencarva, stated: “Fischer Process Industries has a long monitor document of success, a skilled management team and strong service capabilities. The partnership brings the addition of valves to Tencarva’s product line and offers 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 a part of us, are the proper complement to Tencarva’s present platform, which we plan to continue increasing through strategic acquisitions.”
“We’re very excited about our partnership with Tencarva, which allows us to run a bigger platform with the advantage of scale as we develop our enterprise,” stated Fischer. “Tencarva introduces us to a broader buyer 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 investment agency
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