Georg Fischer completes sale of Precicast aerospace, gas turbine unit to CPP for CHF 215 million
GF•Georg Fischer completed the sale of the Precicast Group to Consolidated Precision Products on Sept. 30, 2026, for CHF 215 million in cash. The company said proceeds are earmarked to reduce net debt.
1. Sale completed
Georg Fischer completed the sale of the Precicast Group to Consolidated Precision Products on Sept. 30, 2026. Cash proceeds totaled CHF 215 million and are earmarked to reduce net debt under the group’s capital allocation framework.
2. Operations sold
The divestment covers aerospace and industrial gas turbine investment casting operations in Switzerland and Romania. The assets were part of the former GF Casting Solutions division, most of which was sold on Feb. 12, 2026.
