Pemberstone Capital Partners Limited has acquired Sterling Thermal Technology Ltd from Nova Capital Management, positioning the company for accelerated growth in the engineering sector.

Target Company Information

Sterling Thermal Technology Ltd, located in Aylesbury, UK, is a leading engineering and manufacturing firm specializing in custom heat exchange and heat recovery solutions. The company primarily serves diverse sectors, including power distribution, energy, defense, and industrial markets on a global scale. As it celebrates its 120th anniversary in 2024, Sterling has successfully transformed its operations and product offerings, making it a trusted supplier with a robust reputation among blue-chip clientele.

Under the oversight of Nova Capital Management since 2018, Sterling has undergone a significant transformation to enhance efficiency and reliability in its product offerings. Its solutions are essential for improving the operational sustainability and decarbonization efforts of its customers, thereby positioning the firm as a key player in technologically advanced applications.

Industry Overview in the UK

The engineering sector in the UK plays a vital role in the country’s economy, contributing significantly to job creation and technological advancements. The focus on sustainable development and energy efficiency has led