Precision Products Group (Auxo) Acquires Cindus Corporation
January 27, 2025
Precision Products Group (a portfolio company of Auxo Investment Partners) has acquired Cindus Corporation, a Cincinnati-based manufacturer of crepe paper used for electrical and industrial insulation. The add-on acquisition will expand PPG’s insulated-paper capabilities and support planned investments to increase production capacity to meet growing demand in the transformer and power-infrastructure markets.
- Targets
- Cindus Corporation
- Platforms
- Precision Products Group
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Addon
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