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.
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