Berkshire Partners has made an investment in Consolidated Precision Products (CPP), a current portfolio company of Warburg Pincus. With the transaction closed, Berkshire and Warburg now have equal ownership positions in CPP and, when combined, hold a majority position. Warburg acquired CPP from Arlington Capital Partners in October 2011. Consolidated Precision Products is a manufacturer…...
titanium investment castings
Warburg Continues Titanium Casting Build
Consolidated Precision Products (CPP), a portfolio company of Warburg Pincus, has agreed to acquire the Cast Products business of publicly traded Allegheny Technologies (ATI). Warburg Pincus acquired CPP from Arlington Capital Partners in October 2011. The Cast Products business is part of ATI’s High Performance Materials & Components (HPMC) unit and produces titanium investment castings…...
