GE Aerospace said on Tuesday it would buy castings supplier Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion.
GE Aerospace announces deal to purchase CPP for nearly $12 billion in an effort to bolster castings production, supply chain. GE stock rises.
GE Aerospace said ​on Tuesday it would buy castings ‌maker Consolidated Precision Products from ⁠investment firms ​Warburg Pincus ⁠and Berkshire Partners ‌for $11.75 billion, ‌in a bid to ⁠expand ⁠its ...
This pending purchase could result in both cost savings and supply chain advantages.
On September 9, 2026, Reuters reported that GE Aerospace (NYSE:GE) agreed to buy castings maker Consolidated Precision Products for $11.75 billion. It is its largest acquisition since becoming a ...
Jim Cramer says GE Aerospace just made a move that flips its entire post-Culp playbook on its head, and he thinks the market is only beginning to price in what a defense-focused supply chain overhaul ...
GE Aerospace stock gains on an $11.75 billion acquisition of CPP. Here’s why the deal is bullish for GE shares.