Who Owns Consolidated Precision Products?
Consolidated Precision Products, or CPP, is the brand of the Cleveland-based manufacturer of aerospace investment castings. Private equity firms Warburg Pincus and Berkshire Partners own the company, which GE Aerospace agreed to acquire for approximately $11.75 billion in September 2026.
Parent Company
Acquired
2026
Status
Private
Headquarters
Consolidated Precision Products Timeline
GlobalOfficial Website
Who Owns Consolidated Precision Products?
- Parent Company: Consolidated Precision Products Corp.
- Ownership Type: Wholly owned
- Acquisition Year: 2026
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Consolidated Precision Products | Consolidated Precision Products Corp. | Wholly owned |
History of Consolidated Precision Products
- Founded: 1991
- Founders: Consolidated Foundries (corporate formation)
- Acquired by Consolidated Precision Products Corp.: 2026
The company began in 1991 as Consolidated Foundries and expanded by acquiring casting plants across the United States. Under private equity ownership it added facilities in Mexico and Europe, growing to more than 20 sites.
The brand became identified with the industry's tightest supply constraint: single-crystal and directionally solidified castings for engine hot sections. That scarcity is what made it an $11.75 billion acquisition target.
About Consolidated Precision Products Corp.
What does Consolidated Precision Products make?
CPP manufactures investment and precision sand castings for aerospace, defense, and industrial gas turbines. Its products include single-crystal turbine blades and structural components for engine hot sections.
Is Consolidated Precision Products publicly traded?
No. CPP is privately held by Warburg Pincus and Berkshire Partners. It will become a GE Aerospace subsidiary when the pending acquisition closes.
Who founded Consolidated Precision Products?
The company was formed in 1991 as Consolidated Foundries, a roll-up of specialty casting operations, rather than by individual founders.
Where is CPP headquartered?
CPP is headquartered in Cleveland, Ohio, at 1621 Euclid Avenue.
Who owns Consolidated Precision Products?
Private equity firms Warburg Pincus and Berkshire Partners own the company. GE Aerospace agreed to acquire it for approximately $11.75 billion in September 2026.
Did GE Aerospace buy CPP?
GE Aerospace signed an agreement in September 2026 to acquire CPP for approximately $11.75 billion. The transaction was pending regulatory approval as of October 1, 2026.
- Founded: 1991
- Headquarters: Cleveland, Ohio, United States
- Company Type: Privately Held
- Employees: ~6,600
Where Is Consolidated Precision Products Made / Based?
- Headquarters: Cleveland, Ohio, United States
- Manufacturing / Operations: United States, Mexico, Poland, Belgium, Slovakia
Consolidated Precision Products Categories & Tags
Consolidated Precision Products Ownership: Pros & Cons
Advantages
- +Scarce capability in a supply-constrained market
- +Long-term agreements lock in program positions
- +GE Aerospace backing guarantees demand
Considerations
- -Merchant customers may redirect orders after the sale closes
- -Integration into a strategic owner ends independent supplier status
- -Capital intensity requires continuous investment
Frequently Asked Questions About Consolidated Precision Products
Sources & Further Reading
- CPP,
- Consolidated Precision Products Corp. company profile, /companies/consolidated-precision-products
- GE Aerospace investor relations,
Competitors to Consolidated Precision Products
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Berkshire Hathaway | USA | 1953 | Premium | Global | All-ages |
Competitive Analysis
Market Positioning: Consolidated Precision Products competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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