Georg Fischer AG is to purchase 100% of the shares in Precicast Industrial Holding SA, the swiss-based precision casting specialist. This is in line with the division’s strategy to increase its industrial sectors presence, in particular in the promising aerospace field. Closing is subject to the approval of the relevant authorities which is expected towards the end of the first quarter of 2018.
Precicast Industrial Holding SA is one of the only independent precision casting, also called investment casting, companies in Europe, specializing on super alloy components for aero engines and industrial gas turbines. In addition, the company started to produce components out of additive manufacturing (3D printing) through Precicast Additive SA.
Walder Wyss acted as adviser for the buyer Georg Fischer AG. The Walder Wyss team was led by Markus Vischer (Partner, Corporate/M&A) and included Olivia Feusi (Associate, Corporate/M&A), Alex Domeniconi (Associate, Corporate/M&A), Valerio Caccia (Junior Associate, Corporate/M&A), Federico Pagani (Junior Associate, Corporate/M&A) and Gion Giger (Managing Associate, Competition Law).