Dunedin backed the management buyout of Premier Hytemp, a global leader in the manufacture and supply chain management of quality engineered alloy components for the offshore and onshore oil and gas industry. The Group was acquired from Murray International Holdings Ltd, in a %A334.5m transaction. Premier Hytemp is headquartered in Edinburgh with manufacturing facilities in Edinburgh, Sheffield and Singapore. It also has operations in Calgary, Canada and will shortly open a base in Dubai. The Group turns over in excess of %A342m and has over 200 employees worldwide.
“The MBO of Premier Hytemp is a very positive outcome for the business, the Management Team and Dunedin. The BDO team provided full advisory support including assistance in securing bank finance. The advice we received from BDO was first class, always very commercially focussed and provided valuable support in our efforts to complete the transaction. Neil was particularly helpful to the team and always went the extra mile, especially in the critical run up to completion. We have ambitious plans for the Premier Hytemp group and we look forward to the opportunity to work with the team at BDO in the future.”
Donald Wilson, CEO, Premier Hytemp