Westfall Technik Acquires Carolina Precision Plastics (CPP Global)

GE Aerospace to Acquire Consolidated Precision Products for $11.75 Billion

September 8, 2026

Aerospace & Defense

GE Aerospace signed an agreement to acquire Consolidated Precision Products (CPP) from Warburg Pincus and Berkshire Partners for $11.75 billion, financing the purchase with $7 billion in cash and the remainder in new debt. The deal is expected to close in the second half of 2027, subject to regulatory approvals and customary closing conditions, and is intended to expand casting capacity and integrate a key supplier more closely with GE Aerospace’s engine design and manufacturing operations.

Installed Building Products Acquires Carolina Precision Fibers

September 8, 2025

Building Products

Installed Building Products, Inc. (IBP) has acquired Carolina Precision Fibers ACP, LLC (CPF), a manufacturer of cellulose-based insulation, hydromulch and composite fiber products based in Ronda, North Carolina. The acquisition adds over $20 million of annual revenue and expands IBP's direct access to environmentally responsible insulation materials across multiple U.S. regions.

Quad Capital Partners Acquires Worldwide Technologies

July 23, 2024

Manufacturing

Quad Capital Partners, a private investment firm focused on middle-market manufacturing companies, has acquired Worldwide Technologies (WWT), a precision CNC machining and fabrication business with facilities in Franklin and Glasgow, Kentucky. The transaction provides QCP a flagship manufacturing platform with advanced automation and engineering capabilities; WWT employs more than 150 people and operates over 100 CNC machines.

PPC Flexible Packaging Acquires Plastic Packaging Technologies (PPT)

October 21, 2022

Packaging

PPC Flexible Packaging LLC, a GTCR-backed flexible packaging platform headquartered in Buffalo Grove, Illinois, has acquired Plastic Packaging Technologies, LLC (PPT), a flexible packaging manufacturer based in Kansas City, Kansas. The acquisition adds PPT’s two manufacturing and distribution facilities and ~425 employees to PPC’s network, expanding capacity, capabilities and geographic footprint across North America.

Alleghany Capital Forms Piedmont Manufacturing to Acquire Wilbert Plastic Services

May 11, 2021

Manufacturing

Alleghany Capital Corporation formed a new wholly-owned subsidiary, Piedmont Manufacturing Group, LLC, to acquire Wilbert, Inc. (dba Wilbert Plastic Services), a U.S. injection-molded and thermoformed parts manufacturer. The acquisition brings Wilbert's four facilities and over 600 employees into Alleghany Capital's industrial platform as it looks to build Piedmont Manufacturing into a platform for value-added plastics and contract manufacturing.

Bain Capital Private Equity Acquires World Wide Packaging

April 3, 2018

Packaging

Bain Capital Private Equity has acquired World Wide Packaging LLC, a US-based cosmetics packaging provider, and simultaneously purchased a Chinese cosmetics packaging manufacturer with plans to merge the two into an integrated global solutions provider. The transaction keeps WWP's senior management in place and aims to combine US customer-facing design and sales capabilities with manufacturing scale in China to expand service offerings and access high-growth Asian markets.