
Belrise Industries Limited to Acquire Chester Hall Precision Engineering Holdings Limited
Belrise Industries Limited announced on March 18, 2026, that its wholly-owned subsidiary, Belrise UK Holdings Limited, has signed a Share Purchase Agreement to acquire 100% of the issued share capital of Chester Hall Precision Engineering Holdings Limited. Chester Hall Precision Engineering Holdings Limited is a company incorporated in England and Wales, with its registered office at 24 Old Bond Street, London W1S 4AP, United Kingdom.The acquisition is expected to support Belrise Industries’ long-term strategic and technological objectives and expand its presence in the aerospace and defense sector. The transaction is not considered a related party transaction and has been conducted on an arm’s length basis.
The consideration for the acquisition is £13.2 million, with a component of deferred consideration and earn-out consideration potentially payable based on certain conditions and achievement of specified financial targets. Completion of the acquisition is expected to occur within 20 business days from the signing date, subject to satisfaction or waiver of conditions precedent.
Chester Hall Precision Engineering Holdings Limited, along with its subsidiary Chester Hall Precision Engineering Limited, is engaged in the design, development, engineering, manufacture, assembly, supply and sale of parts, components and systems for use in the aerospace, aviation, space and defense industries. The combined turnover of the Target and its Subsidiary was GBP 19.95 million for the fiscal year 2024.
The following table summarizes key details of the acquisition:
| Particulars | Description |
|---|---|
| Target Entity | Chester Hall Precision Engineering Holdings Limited |
| Country of Presence | United Kingdom |
| Turnover (FY2024) | GBP 19.95 million |
| Acquisition Percentage | 100% |
| Consideration | £13.2 million |
| Acquisition Timeline | Expected within 20 business days |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: