Tencarva Machinery Company, a Southeast distributor of flow control and process equipment solutions and services to industrial and municipal end-markets, has acquired Fischer Process Industries. Fischer Process is a pump, valve and process equipment distributor headquartered in Loveland, Ohio.
“Fischer Process Industries has a long track record of success, a skilled management team and strong service capabilities. The partnership brings the addition of valves to Tencarva’s product line and gives us access to new markets in Indiana, Kentucky and Ohio while bolstering our presence in Georgia. Fischer Process and Fischer Process-South, which will also join us, are the perfect complement to Tencarva’s existing platform, which we plan to continue expanding through strategic acquisitions,” Tencarva President Ed Pearce said.
Tencarva is a portfolio company of New York-based investment firm Bessemer Investors LLC. Fischer Process’s existing management team, including President Ken Fischer, will remain with the company.