Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Belrise Industries Limited ( (IN:BELRISE) ) just unveiled an announcement.
Belrise Industries has announced that its step‑down wholly owned subsidiary, Belrise UK Holdings Limited, has signed a definitive agreement to acquire 100% of Chester Hall Precision Engineering Holdings, a U.K.‑based precision engineering group serving global aerospace, space and defence customers. Chester Hall specializes in machining aerostructures, aero‑engine components and satellite parts using advanced alloys such as titanium and high‑grade aluminium, and is a single‑source supplier on many key programs for major aircraft and space OEMs.
The transaction values Chester Hall at an enterprise value of £13.2 million on revenues of about £18.5 million, implying an EV/EBITDA multiple of 6x, and is expected to be immediately accretive to Belrise’s earnings per share and return on capital employed. By integrating Chester Hall’s advanced aerospace precision capabilities and certifications with Belrise’s large‑scale manufacturing base in India and France, the deal marks a strategic entry into the global aerospace and defence supply chain and supports Belrise’s ambition to build a diversified global engineering group and strengthen India’s role in international aerospace manufacturing.
More about Belrise Industries Limited
Belrise Industries Limited is one of India’s leading integrated automotive component manufacturers, offering a diverse portfolio of safety‑critical systems and engineering solutions. The company has been evolving into a diversified global engineering and manufacturing platform, with growing operations in India, France and now the United Kingdom, and is increasingly targeting high‑value, technology‑intensive sectors beyond its core automotive base.
Average Trading Volume: 720,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: 157.2B INR
For a thorough assessment of BELRISE stock, go to TipRanks’ Stock Analysis page.