Stern Engineering Overview
Stern Engineering designs water-conservation products using infrared technology. The company's wide range of products 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. Stern also produces a large variety of components such as infrared sensors, piezo switches, and solenoid valves.
Latest News
growth-positive
FIMI buys 70% Stern Engineering stake
FIMI Opportunity Funds is acquiring 70% of Stern Engineering for $34 million, reflecting a $49 million valuation for the company. The founders of Stern Engineering will retain 30% of the shares and continue to manage the company. Stern Engineering develops and manufactures electronic sanitation products and sells them in over 80 countries. FIMI Opportunity Funds is Israels first and largest private equity fund with $5 billion in managed assets.
Acquisition
| Sector | Industrial Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | sternfaucets.com |
| Careers | Careers page |
Locations
Sderot Tsoran 18, Kiryat Gat, Israel
777 Passaic Avenue Clifton, NJ 07012
Photos & Videos
3 item(s)
