Tencarva Machinery acquires Fischer Process Industries

Tencarva Machinery Company has acquired Fischer Process Industries, a US distributor of pumps, valves and course of gear servicing Ohio, Indiana, Kentucky, West Virginia and Georgia.
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Headquartered in Loveland, Ohio, with further places in Alpharetta, Georgia; Owensboro, Kentucky; Marietta, Ohio; and Indianapolis, Indiana, Fischer Process presents full applications engineering functionality and complete repair and service centres for rotating equipment and liquid handling equipment in every of its areas.
Fischer Process’s existing administration staff, including president Ken Fischer, will remain with the company.
Ed Pearce, president of Tencarva, said: “Fischer Process Industries has a long monitor document of success, a skilled management staff and strong 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 even be a part of us, are the proper complement to Tencarva’s current platform, which we plan to continue expanding through strategic acquisitions.”
“We’re very enthusiastic about our partnership with Tencarva, which permits us to run a bigger platform with the good factor about scale as we grow our business,” stated Fischer. “Tencarva introduces us to a broader customer and vendor base and enhances our service capabilities in addition to enhancing back-office efficiencies.”
Tencarva is a portfolio company of Bessemer Investors LLC, a New York-based funding firm
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