Warburg Pincus and Berkshire Partners sell Consolidated Precision Products to GE Aerospace for $11.75 billion

# What happened

# Deal terms in plain language

GE will pay $11.75 billion to buy CPP. The company plans to use $7 billion in cash and finance the rest with new debt. GE said this financing approach will not change its capital allocation plans. Closing is expected in the second half of 2027 and remains subject to regulatory approvals and other customary closing conditions.

# Who is CPP

CPP is based in Cleveland, Ohio. It manufactures investment and precision castings in superalloy, titanium, aluminum, magnesium and steel. The company employs about 6,600 people and operates more than 20 facilities. CPP has supplied GE Aerospace for more than 15 years and provides cast components used in commercial and military engines and other aerospace and defense systems.

# Why GE is buying a supplier

Ownership of a key parts supplier gives GE direct control over a component category that affects engine production. CPP produces castings used in prominent engine programs. Bringing CPP in-house could be aimed at strengthening the company's supply chain, securing capacity, or aligning production priorities with GE Aerospace's engine programs.

# Timing and approvals

The companies expect to complete the transaction in the second half of 2027. The deal is subject to regulatory approvals and customary closing conditions. No further timing details were provided in the announcement.

# What this means for stakeholders

• For GE Aerospace: Direct ownership of a major castings supplier could reduce supply risk and give GE more control over component manufacturing and capacity planning. The deal is funded partly with cash and partly with debt.
• For Warburg Pincus and Berkshire Partners: The transaction represents a full exit of CPP for the private equity owners at the agreed price.
• For CPP employees and customers: Operational continuity is likely but specifics about management changes, plant integration, or workforce impacts were not disclosed in the announcement.

# Bottom line

GE Aerospace is acquiring a supplier it has worked with for more than a decade and a half, paying $11.75 billion with a mixed cash-and-debt financing plan. Closing depends on approvals and is targeted for H2 2027.