London—Dentons has advised Souter Investments, one of the UK’s leading family investment offices specialising in private equity, on its acquisition of Premier Hytemp. The transaction is subject to customary completion conditions and is expected to close before the end of 2023. Transaction terms have not been disclosed.

Premier Hytemp is a market leader in the supply and precision machining of advanced metals, including specialist nickel alloys for use in critical components across complex high temperature, high pressure, and corrosive environments. The company’s capabilities include materials supply and stockholding, cutting, rough machining, boring, trepanning, heat treatment, coating, and finished machining. Premier Hytemp operates facilities in the UK, Singapore, and Malaysia.

John Berthinussen, Managing Director at Souter Investments commented, “We are grateful to the entire Dentons team for their full service support and expert guidance in all areas of this complex cross border transaction.”

Nicholson Neil, relationship partner and head of UK Corporate at Dentons said, “We’re very pleased to support the Souter Investments team on another transaction as they expand their portfolio through strategic acquisitions.”

The Dentons team advising Souter Investments was led by Corporate partner Adam Knowles with support from Corporate counsel Paul Flynn, Corporate senior associate Diana Mennie, Corporate associate Charlotte White, Competition partner Melanie Martin, Competition senior associate Tanya Macrae, Employment counsel Sarah Jackman, Employment associate Amy Gordon, Tax consultant John Finnick, Banking senior associate Stuart Gillies and Banking associate Zackery Parekh.