Announced
Completed
Synopsis
Bessemer-backed Tencarva Machinery Company, a value-added distributor and service provider of flow control and process equipment solutions, completed the acquisition of Hoffman-Kane Distributors, a provider of industrial fluid handling and sealing solutions. Financial terms were not disclosed. Following the transaction, Tencarva secured exclusive territorial rights for two leading OEM partners, expanding their sales region for John Crane into the Ohio Valley and adding ITT Goulds within Hoffman-Kane's territory.
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