BELRISE NSE filing

Belrise Industries Acquires UK's Chester Hall Precision for £13.2M

The RealCase readMedium impact Positive

Belrise Industries Limited acquired UK-based Chester Hall Precision Engineering for £13.2M GBP, at ~6x EV/EBITDA. Chester Hall projects CY25 revenue of £18.5M GBP and EBITDA of £2.1M-£2.2M GBP. The company specializes in aerospace and space precision machining.

Why it matters

The acquisition of Chester Hall Precision Engineering is a significant strategic move that expands Belrise's capabilities into the aerospace sector. While the financial figures are substantial, the full impact will depend on integration and future performance.

The market read

The acquisition of a specialized engineering firm in the aerospace sector is a positive development for Belrise Industries, indicating growth and strategic expansion into a high-value market.

Belrise Industries Limited has announced the acquisition of Chester Hall Precision Engineering Holding, a UK-based leader in aerospace and space manufacturing. The acquisition was made at approximately 6x EV/EBITDA, with a purchase consideration of £13.2 million GBP.

Chester Hall Precision Engineering is described as a specialist in precision machining for aerostructures, aero-engine parts, and satellite parts, operating with various aerospace alloys and exotic metals. The company holds AS/EN 9100 and ISO 9001 certifications and boasts marquee customers including the world's largest Aircraft & Space OEM and a leading French Aircraft Engine OEM.

For the estimated full year 2025 (CY25), Chester Hall Precision Engineering is projected to have an annual revenue of approximately £18.5 million GBP and an EBITDA between £2.1 million to £2.2 million GBP. The company has demonstrated strong performance with a ROCE of over 20% and has case studies highlighting its involvement in critical programs for major aerospace clients, including being a single-source supplier for specific programs and achieving industry-leading low scrap rates.

The company's expertise lies in the design and development of built-to-spec products, serving demanding sectors within the aerospace and space industries. This presentation on the acquisition has been made available on the company's website under the 'Investor Relations' tab.

Filing to action

What to do with a filing like this

Belrise Industries Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Belrise Industries Limited. Read the original for the full detail.

View original filing