New owners for Lyte Ladders
March 26, 2019 – Ladder maker Lyte is under new ownership after being bought out of administration by venture capitalists.
Lyte Industries (Wales) Limited was put into administration by its directors in January. The assets have now been acquired by Breal Capital, which has set up Lyte Ladders & Towers Limited.
The new owner said that Lyte would “continue to offer the same first-class quality UK manufactured products and services as before with a future filled with continuous investment and development”.
The Swansea-based company also makes aluminium access towers as well as ladders.