Wolf Theiss advises Consolidated Precision Products on its first Polish acquisition

Warsaw, 18 July 2016 – Wolf Theiss Warsaw has advised Consolidated Precision Products Corp. on its successful acquisition of two casting facilities located in Rzeszow, Poland from a business unit of Pratt & Whitney Canada, a subsidiary of United Technologies Corporation. The transaction closed for an undisclosed amount on 30 June 2016. The acquired casting facilities specialize in aerospace engine components, with enhanced technology for superior manufacturing and cost-efficient processes.

Consolidated Precision Products Corp., headquartered in Cleveland, Ohio, is a leading manufacturer of highly-engineered castings and sub-assemblies primarily for the commercial aerospace and defence markets. It is one of the world’s largest investment and precision sand casting companies, producing complex super alloy, aluminium, magnesium and steel castings for a variety of leading commercial and military aircraft, weapon systems, regional/business jets, helicopters and industrial gas turbines.

“We were especially pleased to have the opportunity to assist Consolidated Precision Products with all aspects of their first acquisition in the Polish market,” noted Ron Given, Co-Managing Partner of Wolf Theiss Warsaw. “It’s good to see the continuing interest of such world-class companies in all that Poland has to offer.”

The Wolf Theiss Warsaw transaction team was led by counsel Loredana Allegranza with the assistance of senior associates Agnieszka Nowak-Błaszczak, Anna Dobosz, and Anna Sękowska, and associates Joanna Wajdzik and Anna Nowodworska.