GE · 8-K · 20260908PR002501
Acquisition / Partnership / Divestiture
GENERAL ELECTRIC CO · 2026-09-08 · Importance 75 · Surprise 60 · No source text
GE Aerospace agreed to acquire Consolidated Precision Products (CPP) for $11.75 billion, with closing expected in the second half of 2027. CPP is a global manufacturer of engineered airfoils and structural castings, with approximately $2.0 billion of estimated 2027 revenue and about 6,600 employees across more than 20 facilities. The transaction will be financed with existing cash and new debt and values CPP at approximately 18 times 2027 EBITDA including expected net synergies, or approximately 26 times excluding synergies. GE Aerospace expects the acquisition to generate approximately $200 million of net synergies and achieve double-digit return on invested capital by year five.
Key facts
- Purchase price of $11.75B for CPP. source
- GE Aerospace expects ~$200M net synergies from the CPP transaction. source
- GE Aerospace to acquire Consolidated Precision Products (CPP). source
- Expect transaction closes in the second half of 2027. source
- The valuation of CPP is ~18x 2027 EBITDA including expected net synergies. source
- The valuation of CPP is ~26x 2027 EBITDA without expected net synergies. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | +4.6% | Purchase price of $11.75B for CPP. |
| operating_income | positive | probable | +0.8% | GE Aerospace expects ~$200M net synergies from the CPP transaction. |