Georg Fischer completes sale of Precicast aerospace, gas turbine unit to CPP for CHF 215 million

1. Oct 2026

Description

(AWP Alliance News) - Georg Fischer AG completed the sale of the Precicast Group to Consolidated Precision Products on Sept. 30, covering its aerospace and industrial gas turbine investment casting foundry operations. The deal generated cash proceeds of CHF 215 million.

The assets included sites in Switzerland and Romania. Proceeds will be used to further reduce net debt under the group's capital allocation framework.

https://www.publicnow.com/view/D7BAE34FAAD1B5277086DE0CF2108F7A85B42468…

Disclaimer: This news brief was created using generative artificial intelligence. Georg Fischer AG published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.