Dunedin backs management buyout of Premier Hytemp

Dunedin has backed the management buyout of Premier Hytemp, a manufacturer and supplier of engineered alloy components for the offshore and onshore oil and gas industry.

The company — which was acquired from Murray International Holdings for £34.5m — is headquartered in Edinburgh and has manufacturing facilities in Edinburgh, Sheffield and Singapore. It also has operations in Calgary, Canada, and will shortly open a base in Dubai.

Premier Hytemp turns over more than £42m and supplies complex, high-integrity machined parts on short lead times to the offshore and onshore oil and gas sector globally.