Premier Hytemp is a global provider of turnkey metals and precision engineering solutions for the energy industry. The company was recently acquired by Souter Investments, a UK-based family investment office specializing in private equity.Premier Hytemp generates revenue by producing and supplying advanced metals, including specialist nickel alloys, for use in critical components across high-temperature, high-pressure, and corrosive environments. The company operates facilities in the UK, Singapore, and Malaysia, serving a blue-chip customer base in the energy sector.In late 2023, Souter Investments agreed to acquire Premier Hytemp in a management buyout deal, partnering with the company's Chief Executive Officer, Mohit Sreen, and the existing management team, who will become significant shareholders. The investment from Souter Investments aims to enhance Premier Hytemp's ability to meet its customers' evolving needs while maintaining exceptional quality, expertise, and flexibility.Under Souter Investments' ownership, Premier Hytemp plans to invest in growing its capacity and capabilities, further enhancing its turnkey solutions. The company's capabilities include materials supply and stockholding, cutting, rough machining, boring, trepanning, heat treatment, and coating, enabling it to provide comprehensive solutions to its clients.The acquisition aligns with Souter Investments' strategy of investing in industrial businesses with strong growth potential. As part of the transaction, Douglas Dawson, an experienced industrialist with expertise in metals and manufacturing businesses, will join Premier Hytemp as non-executive chair.With the backing of Souter Investments and its management team's commitment, Premier Hytemp is well-positioned to capitalize on the significant investment and redefining role of the energy sector in the global economy, further cementing its position as a strategic partner to its blue-chip client base.