# 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.

- Type: Acquisition
- Announced: 2018-01-31
- Where: Novazzano, Ticino, Switzerland
- Status: announced
- Products: precision cast components, super alloy components for aero engines and industrial gas turbines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [GF](https://endata.com/companies/11220.md) (acquirer)
- [Precicast Industrial Holding SA](https://endata.com/companies/29745.md) (target)

## Sources

- [metalworkingworldmagazine.com](https://www.metalworkingworldmagazine.com/gf-acquire-swiss-precision-casting-manufacturer/), 2018-01-31: "The acquisition of Precicast is fully in line with the division's strategy to increase its presence in promising industrial sectors like aerospace."
- [foundry-planet.com](https://www.foundry-planet.com/d/gf-to-acquire-swiss-precision-casting-manufacturer/), 2018-02-01: "GF Automotive, a division of GF, is to purchase 100% of Precicast Industrial Holding SA, the swiss-based precision casting specialist."
- [energyindustryreview.com](https://energyindustryreview.com/metals-mining/gf-acquire-swiss-precision-casting-manufacturer/), 2018-02-19: "The acquisition of Precicast is fully in line with the division’s strategy to increase its presence in promising industrial sectors like aerospace."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.