{"id":98821,"date":"2026-07-07T09:12:02","date_gmt":"2026-07-07T09:12:02","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/98821\/"},"modified":"2026-07-07T09:12:02","modified_gmt":"2026-07-07T09:12:02","slug":"swiss-manufacturer-georg-fischer-sells-turbine-and-aerospace-foundry","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/98821\/","title":{"rendered":"Swiss manufacturer Georg Fischer sells turbine and aerospace foundry"},"content":{"rendered":"

\"Georg<\/p>\n

Georg Fischer sells its turbine and aerospace foundry to CPP <\/p>\n

Keystone-SDA <\/p>\n

Swiss manufacturer Georg Fischer is selling its precision casting business for the aerospace sector and the industrial gas turbine business to United States group CPP.\n<\/p>\n

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July 7, 2026 – 10:54\n<\/p>\n

The business division currently employs around 600 people.<\/p>\n

Georg Fischer expects the sale to generate cash inflows of around CHF220 million. This is intended to further reduce net debt.<\/p>\n

The transaction is expected to be completed towards the end of 2026 and is subject to the usual closing conditions. <\/p>\n

Following this transaction, Georg Fischer will have completed the divestment of all non-core activities to concentrate on the Flow Solutions sector.<\/p>\n

CPP is headquartered in Cleveland, Ohio, and operates over 20 sites in the US, Mexico, Poland, Belgium and Slovakia, employing around 5,800 people.<\/p>\n

+\u00a0How we produce English news<\/a>
Translated from German, reviewed by an\u00a0English Department<\/a>\u00a0journalist.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Georg Fischer sells its turbine and aerospace foundry to CPP Keystone-SDA Swiss manufacturer Georg Fischer is selling its…\n","protected":false},"author":2,"featured_media":98822,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[4],"tags":[101,564,114,100,16570,103,41,17],"class_list":["post-98821","post","type-post","status-publish","format-standard","has-post-thumbnail","category-switzerland","tag-article","tag-beat-global-trade","tag-business","tag-latest-news","tag-manufacturing-and-engineering","tag-production-type-deepl-autotranslation","tag-swiss","tag-switzerland"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116877928034450179","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/98821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=98821"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/98821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/98822"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=98821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=98821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=98821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}