Terms of the transaction were not disclosed.
CPP is a manufacturer of engineered components and subassemblies for the commercial aerospace and defense market. CPP is one of the world's largest investment and precision sand casting companies, producing complex super alloy, aluminum, magnesium, and steel components for a variety of commercial and military aircraft, weapon systems, regional/business jets, and helicopters.
The company’s customer base includes: Boeing, Airbus, Hamilton Sundstrand, General Electric, Honeywell, Pratt and Whitney, and Lockheed Martin on platforms such as the 737, 777, 787, A320, A340, F-35 Joint Strike Fighter, F-22 Raptor, Apache, V-22.
ESCO Corp. is an independent designer, manufacturer, and provider of engineered wear parts and complementary services.