Stern Engineering

Touch-free Faucets, Soap Dispensers, and Flush Valves

Industrial Technologies
Acquired by FIMI Opportunity Funds on Jan, 2019
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Company Overview

Snapshot

Founded in May 1989 by Yuval Stern and Yossi Stern, Stern Engineering operates with 11–50 employees. The company was acquired by FIMI Opportunity Funds in January 2019, marking a significant milestone in its corporate trajectory.

Business overview

Stern Engineering specializes in the design and manufacturing of water-conservation products utilizing infrared technology. Their product portfolio includes electronic wall-mounted and deck-mounted faucets, touch-free soap dispensers, electronic flush valves for urinals and toilets, electronic shower controls, shower panels, and vandal-resistant shower heads. The company also produces a variety of components such as infrared sensors, piezo switches, and solenoid valves, serving markets within the Industrial Technologies sector.

Strategic signal

In January 2019, Stern Engineering was acquired by FIMI Opportunity Funds. This acquisition signals a strategic consolidation within the industrial technologies sector, indicating investor confidence in Stern Engineering's product line and market position, and potentially paving the way for expanded reach and resources under new ownership.

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Company Intelligence Q&A

When was Stern Engineering founded?
Stern Engineering was founded in May 1989 by Yuval Stern and Yossi Stern.
What is Stern Engineering's primary focus?
Stern Engineering focuses on designing water-conservation products that incorporate infrared technology, including touch-free faucets, soap dispensers, and flush valves.
Who acquired Stern Engineering?
Stern Engineering was acquired by FIMI Opportunity Funds in January 2019.
What types of products does Stern Engineering offer?
Stern Engineering offers a range of products including electronic wall-mounted and deck-mounted faucets, touch-free soap dispensers, electronic flush valves for urinals and toilets, electronic shower controls, shower panels, and vandal-resistant shower heads.
What components does Stern Engineering produce?
Stern Engineering produces various components such as infrared sensors, piezo switches, and solenoid valves.
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