Dunedin provides follow-on capital to Premier Hytemp
Dunedin has provided additional capital to portfolio company Premier Hytemp to expand its manufacturing capabilities in Asia.
The company has purchased a 35,000-square-foot facility in Johor, Malaysia, which increased its manufacturing capacity by 20%.
Premier Hytemp was acquired by Dunedin's second fund in 2012 in a management buyout. Dunedin led a follow-on funding round of £300,000 in 2016.
Company
Founded in 2008, Premier Hytemp provides high-engineered steel, nickel alloys and machined components for the gas and oil industry. The company is based in Edinburgh.
People
Premier Hytemp – Mohit Sreen (CEO).
Dunedin – Dougal Bennett (partner).
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