Georg Fischer agrees to sell aerospace, industrial gas turbine casting business to CPP for about CHF 220 million
New Germany Fund Inc
New Germany Fund Inc GF | 0.00 |
- Georg Fischer agreed to sell its aerospace and industrial gas turbine investment casting foundry to Consolidated Precision Products.
- Closing targeted for late 2026, subject to customary closing conditions.
- Deal expected to generate about CHF 220 million in cash proceeds.
- Business employs about 600 people across three sites in Switzerland and Romania.
- Proceeds earmarked to reduce net debt as GF completes exit from non-core operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Georg Fischer AG published the original content used to generate this news brief on July 07, 2026, and is solely responsible for the information contained therein.
