GE Aerospace Agrees to Acquire Castings Maker CPP for $11.75 Billion

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    "url": "https://www.marketscale.com/industries/business-services/ge-aerospace-to-buy-consolidated-precision-products-for-1175b",
    "title": "GE Aerospace Agrees to Acquire Castings Maker CPP for $11.75 Billion - MarketScale",
    "excerpt": "GE Aerospace announced on September 8, 2026 that it agreed to acquire castings manufacturer Consolidated Precision Products (CPP) for $11.75 billion. The deal, expected to close in the second half of 2027, is a bet on the advanced materials needed to keep GE's engines cool; about 60% of CPP's revenue comes from commercial aerospace, with the rest from defense, power and other markets. This story was produced through MarketScale . See how Business Services teams put it to work with Executive Thought Leadership . Key takeaways CPP generates approximately 60% of revenue from commercial aerospace, with the remainder from defense, power and other markets $11.75 billion acquisition price represents approximately 18x 2027 EBITDA including expected synergies GE Aerospace plans additional capital investment in CPP and intends to add jobs to support deployment of its FLIGHT DECK operating model Get featured Want to get featured in MarketScale Business Services? Create a free MarketScale workspace and get your company's expertise featured across our Business Services coverage. No credit card, no demo required. GE Aerospace said on September 8, 2026 that it signed an agreement to acquire Consolidated Precision Products (CPP), a manufacturer of engineered metal castings, from private investment firms Warburg Pincus and Berkshire Partners, according to a GE Aerospace release and a...",
    "product": "FLIGHT DECK",
    "summary": "GE Aerospace intends to add jobs at Consolidated Precision Products (CPP) to support the deployment of its FLIGHT DECK operating model following its acquisition.",
    "location": "Cleveland, Ohio, USA",
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    "published_at": "2026-09-11T01:50:42Z",
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    "related_company_name": "Consolidated Precision Products",
    "related_company_domain": "cppcorp.com"
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