Belrise Industries Limited has announced the strategic acquisition of Chester Hall Precision Engineering, a UK-based specialist in aerospace and space manufacturing. The transaction value is set at £13.2M GBP, reflecting an attractive valuation of approximately ~6x EV/EBITDA based on projected 2025 figures. This move significantly enhances Belrise’s capabilities in high-precision machining for critical aerostructures and aero-engine components, serving marquee global OEMs.
Strategic Acquisition in Aerospace Manufacturing
Belrise Industries Limited has formally announced the acquisition of Chester Hall Precision Engineering, described as a UK-based leader in aerospace and space manufacturing. This acquisition aligns with Belrise’s strategy to expand into high-value, precision engineering sectors, particularly those serving top-tier global clients.
Chester Hall Profile and Capabilities
Chester Hall specializes in the precision machining of critical components, including aerostructures, aero-engine parts, and satellite parts. The company operates using advanced materials such as aerospace alloys, titanium, and high-grade aluminum. They possess significant expertise in the design and development of built-to-spec products for major customers.
Key operational strengths highlighted include:
- Certifications: Holds AS/EN 9100 certification for aerospace and defense industries, alongside ISO 9001 for Quality Management Systems.
- Customer Base: Serves the World’s largest Aircraft & Space OEM and a Leading French Aircraft Engine OEM.
Financial Highlights and Transaction Terms
The financials indicate a highly profitable target business structure:
- Est. Annual Revenue (CY25): ~£18.5M GBP
- Est. EBITDA (CY25): £2.1M – £2.2M GBP
- ROCE: >20% (on a cash-free, debt-free basis)
The total Purchase Consideration agreed upon is £13.2M GBP, resulting in an acquisition multiple of approximately ~6x EV/EBITDA (based on estimated 2025 figures).
Design & Engineering Case Studies
Chester Hall has demonstrated proven success through key client engagements:
Customer #1: Leading Aircraft Engine OEM
- Involved in the design and development of Thrust Reverser and Nacelle parts.
- Recognized as one of the OEM’s highest-rated suppliers (Top-5) in the UK region.
- Achieved an industry-leading 0.5%-1% component scrap rate due to concurrent design and precision manufacturing.
- Acts as a Single-Source supplier for multiple programs.
Customer #2: World’s Largest Aircraft OEM’s Space Program
- Involved in the design and development of satellite structural parts.
- Has been a Single-Source supplier for this program since its inception.
This acquisition, disclosed on March 18, 2026, significantly strengthens Belrise Industries’ foothold in specialized, high-barrier-to-entry segments of the global aerospace supply chain.
Source: BSE
