Sigma Advanced Systems, an aerospace precision engineering company, acquired 100 per cent equity share capital of the UK-based Bromford Precision Solutions, a specialist manufacturer of high-precision, complex aero-engine rings and other engine structures.
The transaction, valued at approximately £11.89 million (approximately ₹153 crore), is expected to close by end of July. The transaction represents an enterprise value to adjusted EBITDA (CY26 estimate) multiple of approximately 4.6x, reflecting Sigma’s disciplined approach towards value-accretive strategic acquisitions.
“This acquisition strengthens Sigma’s position within one of the most demanding aero-engine supply chains in the world,’’ Sunil Kalidindi, Chief Executive Officer, Sigma Advanced Systems, said in a release on Tuesday.
“Bromford brings precision manufacturing capability that complements us directly, and together the enlarged group creates one of the most capable ring and casing manufacturing platforms globally. We look forward to building on Bromford’s three decades of engineering heritage as part of Sigma’s broader platform,’’ he added.
Strategic acquisition
Through strategic acquisitions, advanced manufacturing capabilities and cross-border integration, Sigma is steadily evolving from an India-based precision engineering company into a globally-integrated aerospace and defence platform. With operations spanning India and the UK, the company is creating a differentiated manufacturing ecosystem that supports leading international customers across aerospace and defence, while strengthening India’s role in the global supply chain.
The acquisition marks a significant milestone in Sigma’s international growth strategy, strengthening its position within the Rolls-Royce supply chain while complimenting its UK division, Nasmyth Group, the company said.
“Bromford’s capabilities directly complement Sigma’s expertise in manufacturing larger components for the same OEM customers, giving the combined platform a deeper full-range product offering for global aerospace and power generation customers.,’’ it addded.
Founded in 1988, Bromford operates from its facility in Leicestershire, and specialises in manufacturing complex aeroengine ring components and other complex precision-machined aeroengine structures such as compressor casings, ducts, brackets, and lock plates.