GE · News · 20260908N

Acquisition / Partnership / Divestiture

GENERAL ELECTRIC CO · 2026-09-08 · Importance 71 · Surprise 60 · From source text

GE Aerospace agreed to acquire Consolidated Precision Products (CPP) from Warburg Pincus and Berkshire Partners for $11.75 billion, subject to adjustments. The transaction will be financed with $7 billion in cash and new debt. Closing is expected in the second half of 2027, and the acquisition is expected to be accretive to adjusted earnings per share and free cash flow in its first year. The deal is intended to expand GE Aerospace’s in-house capacity and control over mission-critical precision castings used in jet engines.

Key facts

• General Electric Company signed an agreement to acquire Consolidated Precision Products, Corp. for $11.8 billion, with the acquisition priced at $11.75 billion subject to adjustments, to be financed with $7 billion in cash and new debt. source
• GE Aerospace is buying Consolidated Precision Products for almost $12 billion. source
• GE Aerospace announced its intent to acquire Consolidated Precision Products (CPP) for $11.75 billion. source
• GE Aerospace signed an agreement to acquire Consolidated Precision Products (CPP), a leading manufacturer of highly engineered castings. source
• The deal to acquire Consolidated Precision Products is expected to close in the second half of 2027 and is anticipated to enhance GE Aerospace's adjusted profit per share and free cash flow from its first year. source

Impact estimates