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Wolf Theiss and K&L Gates Advise on Consolidated Precision Products Acquisition of Polish Casting Facilities from Pratt & Whitney Canada

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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. K&L Gates advised UTC on the transaction, which closed for an undisclosed amount on June 30, 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 manufacturer of highly-engineered castings and sub-assemblies primarily for the commercial aerospace and defense markets. It is one of the world's largest investment and precision sand casting companies, producing complex super alloy, aluminum, magnesium and steel castings for a variety of 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 team was led by Counsel Loredana Allegranza, supported by Senior Associates Agnieszka Nowak-Blaszczak, Anna Dobosz, and Anna Sekowska, and Associates Joanna Wajdzik and Anna Nowodworska.  

The K&L Gates team was co-led by Partner Wladek Rzycki and Counsel Lech Najbauer and included Partner Halina Wieckowska and Senior Associate Piotr Kunicki.

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