Precision Products Group acquires Cindus Corporation to strengthen position in the insulation materials market
Acquiring Company
Precision Products Group
Acquired Company
Cindus Corporation
IndianapolisCincinnatiManufacturingManufacturingDescription
Precision Products Group (PPG), under Auxo Investment Partners, has announced the acquisition of Cindus Corporation. This strategic acquisition aims to strengthen PPG's position as a key supplier of insulation materials to the rapidly expanding electrical transformer market and to accelerate investments in expanding capacity and production volumes.
Quick answer
Precision Products Group is acquiring Cindus Corporation, announced January 27, 2025. Precision Products Group is based in Indianapolis, Indiana, United States.
- How much did Precision Products Group pay for Cindus Corporation?
- The deal value was not disclosed.
- What does Precision Products Group do?
- Precision Products Group is a manufacturer of highly engineered materials for the electrical, medical, aerospace & defense, and industrial markets.
- Where are Precision Products Group and Cindus Corporation based?
- Precision Products Group is based in Indianapolis, Indiana, United States. Cindus Corporation is based in Cincinnati, Ohio, United States.
- Who are the decision-makers at Precision Products Group?
- Fundz holds 1 contact at Precision Products Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Cindus Corporation?
Cindus Corporation was acquired by Precision Products Group, based in Indianapolis. The deal was reported on January 27, 2025. Precision Products Group is a manufacturer of highly engineered materials for the electrical, medical, aerospace & defense, and industrial markets. Precision Products Group is privately held and operates in Manufacturing.
When did Precision Products Group acquire Cindus Corporation?
Precision Products Group's acquisition of Cindus Corporation was reported on January 27, 2025. Precision Products Group (PPG), under Auxo Investment Partners, has announced the acquisition of Cindus Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cindus Corporation do?
Cindus Corporation is a Cincinnati, Ohio-based manufacturer of crepe paper for electrical and industrial applications. It is privately held, operating in Manufacturing, and is based in Cincinnati.
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