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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

GF to acquire Precicast Industrial Holding SA · Endata

◂ Announcements

Jan 31, 2018ACQUISITIONNovazzano, Ticino, Switzerland

GF to acquire Precicast Industrial Holding SA

GF Automotive, a division of GF, agreed to purchase 100% of Precicast Industrial Holding SA, a Swiss precision casting specialist. The deal is expected to close in Q1 2018, and GF Automotive will be renamed GF Casting Solutions.

Status

Announced

Productsprecision cast componentssuper alloy components for aero engines and industrial gas turbines

CompaniesGF acquirer Precicast Industrial Holding SA target

Sectors#Industrial Machinery #Aerospace Components

“The acquisition of Precicast is fully in line with the division's strategy to increase its presence in promising industrial sectors like aerospace.”metalworkingworldmagazine.com

3 sources
metalworkingworldmagazine.comGF to acquire the swiss Precicast Industrial Holding SAFabio BoiocchiJan 31, 2018
foundry-planet.comGF to acquire Swiss precision casting manufacturerFeb 1, 2018
energyindustryreview.comGF to acquire Swiss precision casting manufacturerEnergy Industry ReviewFeb 19, 2018

Summarized from public sources; check the original articles before acting on it.

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