Belrise Industries Acquires Chester Hall Precision Engineering to Enter Aerospace Sector
Belrise Industries Limited, through its subsidiary Belrise UK Holdings Limited, has signed an agreement to acquire 100% of Chester Hall Precision Engineering Holdings Limited, a UK-based firm in the aerospace and defence sectors. The acquisition, valued at £13.2 million with an EBITDA multiple of 6x, is expected to enhance Belrise's capabilities in aerospace manufacturing. Chester Hall reported revenues of £18.5 million and will enable Belrise to access global OEMs and Tier-1 companies, integrating operations from India and France.
Theia Market Signal Identification - AI AssistedBelrise Industries Limited has agreed to acquire 100% of Chester Hall Precision Engineering Holdings Limited, a UK-based engineering firm focused on aerospace, space, and defence. The acquisition is valued at £13.2 million, with a 6x enterprise value to EBITDA multiple.
It is projected to be accretive to earnings per share and return on capital employed from the first year. Chester Hall reported revenues of £18.5 million and offers expertise in machining aerospace-grade materials, which will allow Belrise to supply to global OEMs and Tier-1 companies. The integration of Chester Hall's capabilities with Belrise's existing operations in India and France is planned.
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