Marks strategic entry into the global aerospace, space and defence precision engineering supply chain

National: Belrise Industries Limited (BIL), one of India’s leading integrated automotive component manufacturers with a diverse portfolio of safety-critical systems and engineering solutions announced that its step-down wholly owned subsidiary, Belrise UK Holdings Limited, has signed a definitive Share Purchase Agreement to acquire 100% of the issued share capital of Chester Hall Precision Engineering Holdings Limited (hereafter referred to as Chester Hall) – a United Kingdom based precision engineering group serving the global aerospace, space and defence sectors.

Chester Hall is a specialist in machining aerostructures, aero-engine components, and satellite parts, with deep relationships across marquee global aerospace customers. It works with the world’s largest aircraft and space OEM, as well as a leading French Aircraft Engine OEM, and serves as a single-source supplier for most of the programs it participates in, highlighting its criticality and high-entry barriers.

The company possesses strong expertise across a wide range of aerospace alloys and exotic materials, including titanium and high-grade aluminium, enabling it to deliver components with the high precision required in the aerospace sector. In addition to its manufacturing capabilities, Chester Hall is also a specialist in concurrent design and development of components for its customers, playing a key-role in the engineering of mission-critical components.

The acquisition was completed at an EV/EBITDA multiple of 6x and is expected to be both EPS-accretive and ROCE accretive from day one. There will be a certain deferred consideration based on Chester Hall’s CY26 performance.  

With revenues of ~£18.5 million GBP and an enterprise value of £13.2 million GBP, the transaction represents a defining milestone in Belrise’s evolution as a diversified global engineering and manufacturing platform, marking a deliberate and strategic entry into high-value aerospace and space manufacturing.

The acquisition delivers immediate and compounding strategic value to Belrise across three dimensions:

  • Instant access to advanced aerospace precision manufacturing capabilities and certifications
  • A platform to serve global aerospace OEMs and Tier-1 suppliers at scale
  • A powerful integration of Belrise’s large-scale manufacturing excellence in India and France, with Chester Hall’s deep precision engineering expertise

Speaking on the occasion, Mr. Sumedh Badve, Head of Strategy, Belrise Industries Limited, said, “This acquisition marks a defining chapter in Belrise’s journey. We are expanding beyond automotive into one of the most technically demanding and fastest-growing global sectors, aerospace and defence. Chester Hall brings deep precision engineering capabilities and a sterling reputation within the aerospace supply chain, being recognized as a top supplier across all its major customers. By combining their advanced engineering expertise with Belrise’s manufacturing scale, we are creating a powerful platform to participate in the rapidly expanding global as well as Indian aerospace manufacturing ecosystem. This transaction is an important step in our strategy to build a truly diversified global engineering group, and to strengthen India’s role in the international aerospace supply chain”

The acquisition will create a compelling cross-border engineering platform – anchored in India’s manufacturing scale and discipline and elevated by Chester Hall’s precision capabilities and aerospace supply chain positioning.