Belrise Industries Acquires Chester Hall for £13.2M
Filing Summary
Belrise Industries Limited, through its subsidiary Belrise UK Holdings Limited, has acquired Chester Hall Precision Engineering Holdings Limited for an enterprise value of £13.2 million. Chester Hall, based in the United Kingdom, specializes in precision engineering for the aerospace, space, and defense sectors. The acquisition was completed at an EV/EBITDA multiple of 6x and is expected to be EPS and ROCE accretive from the outset. Chester Hall’s revenue stands at approximately £18.5 million. This acquisition marks Belrise’s strategic entry into the global aerospace supply chain.
Belrise Industries Limited, through its step-down wholly owned subsidiary, Belrise UK Holdings Limited, has acquired 100% of the issued share capital of Chester Hall Precision Engineering Holdings Limited. Chester Hall is a United Kingdom-based precision engineering group serving the aerospace, space, and defense sectors. The acquisition aligns with Belrise’s strategic expansion into the global aerospace supply chain.
The acquisition was completed at an enterprise value of £13.2 million, with Chester Hall’s revenue reported at approximately £18.5 million. The transaction was executed at an EV/EBITDA multiple of 6x. The acquisition is expected to be both EPS-accretive and ROCE-accretive from the first day. There is a deferred consideration component based on Chester Hall’s performance in the calendar year 2026.
Chester Hall specializes in machining aerostructures, aero-engine components, and satellite parts. The company has established relationships with major global aerospace customers, including the world’s largest aircraft and space OEM and a leading French aircraft engine OEM. Chester Hall serves as a single-source supplier for many programs, highlighting its critical role and high-entry barriers. The company is proficient in working with aerospace alloys and exotic materials, such as titanium and high-grade aluminum, to deliver high-precision components. Additionally, Chester Hall is involved in the concurrent design and development of components, playing a key role in engineering mission-critical components.
The acquisition provides Belrise with immediate access to advanced aerospace precision manufacturing capabilities and certifications. It offers a platform to serve global aerospace OEMs and Tier-1 suppliers at scale. The integration of Belrise’s large-scale manufacturing capabilities in India and France with Chester Hall’s precision engineering expertise is expected to create a robust cross-border engineering platform.
The acquisition was announced on March 18, 2026. The transaction represents a significant milestone in Belrise’s evolution as a diversified global engineering and manufacturing platform. The acquisition marks Belrise’s deliberate and strategic entry into high-value aerospace and space manufacturing.
Chester Hall Precision Engineering Holdings Limited is a precision engineering group based in the United Kingdom. The company specializes in the design, development, and manufacture of high-precision engineered components and assemblies for mission-critical applications in the aerospace, space, and defense industries.
Belrise Industries Limited is a leading automotive component company based in Pune, India. The company provides technology-led solutions and offers a diverse range of safety-critical systems and engineering solutions for various vehicles. Belrise is expanding its expertise in precision engineering into non-automotive segments, including aerospace and defense and renewable energy.