Belrise Industries to Acquire UK-Based Chester Hall Precision Engineering

Belrise Industries Limited on Tuesday said its step-down wholly owned subsidiary, Belrise UK Holdings Limited, has signed a definitive agreement to acquire 100% stake in Chester Hall Precision Engineering Holdings Limited, a United Kingdom-based engineering firm serving aerospace, space and defence sectors.

The acquisition marks Belrise’s entry into the global aerospace and defence precision engineering supply chain.

Chester Hall manufactures aerostructures, aero-engine components and satellite parts, and supplies to global aerospace original equipment manufacturers (OEMs) and Tier-1 suppliers. The company also works with a French aircraft engine manufacturer and acts as a single-source supplier for several programmes.

It has capabilities in machining aerospace-grade materials such as titanium and high-grade aluminium, and is involved in design and development of components alongside its customers.

The transaction has been agreed at an enterprise value to EBITDA multiple of 6x and is expected to be earnings per share (EPS) and return on capital employed (ROCE) accretive from the first year. The deal includes a deferred consideration component linked to Chester Hall’s calendar year 2026 performance.

Chester Hall reported revenue of about £18.5 million, while the enterprise value of the transaction stands at £13.2 million.

Belrise said the acquisition will provide access to aerospace manufacturing capabilities and certifications, while enabling it to supply to global OEMs and Tier-1 companies. The company also plans to integrate its existing manufacturing operations in India and France with Chester Hall’s engineering capabilities.

“This acquisition marks a defining step in our expansion beyond automotive into aerospace and defence,” said Sumedh Badve, Head of Strategy at Belrise Industries. “It supports our plan to build a diversified engineering platform and participate in global aerospace supply chains.”

Belrise Industries, based in Pune, manufactures automotive components including metal chassis systems, suspension systems, polymer components and exhaust systems. The company operates 21 manufacturing facilities across India and one in France, and supplies to more than 38 OEMs.

Chester Hall, through its operating subsidiaries, designs and manufactures precision-engineered components and assemblies used in aerospace and defence applications.