Bromford brings new product offerings through long-term contracts to manufacture components such as engine lock plates
| Photo Credit:
cueapi
Sigma Advanced Systems Ltd, a Hyderabad-based aerospace precision engineering company, Tuesday announced the acquisition of 100 per cent of the equity share capital of UK’s Bromford Precision Solutions Ltd, which is aimed at strengthening its global footprint in the complex aeroengine market.The transaction, valued at approximately GBP 11.89 million (approximately ₹153 crore), is expected to close by end-July 2026, subject to customary closing conditions, Sigma said in a statement.According to the company, the transaction evaluates the business at approximately 4.6 times its estimated CY2026 adjusted EBITDA. This competitive multiple highlights Sigma’s disciplined strategy of pursuing acquisitions that actively drive value.The acquisition strengthens its international growth strategy and positioning within the Rolls-Royce supply chain, while complimenting its UK division, Nasmyth Group, Sigma said.Sunil Kalidindi, Chief Executive Officer, said, “This acquisition strengthens Sigma’s position within one of the most demanding aero engine supply chains in the world. 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.”Bromford, an operationally profitable business, brings new product offerings through long-term contracts to manufacture components such as engine lock plates, which compliment the larger structural components manufactured by Sigma, the company said.Founded in 1988, Bromford operates from its facility in Leicestershire, UK, and specialises in manufacturing complex aeroengine ring components and other complex precision-machined aeroengine structures such as compressor casings, ducts, brackets, and lock plates.Published on July 14, 2026
