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New owners for Lyte Ladders

26 Mar 19 Ladder maker Lyte is under new ownership after being bought out of administration by venture capitalists.

A Lyte ladder
A Lyte ladder

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 鈥渃ontinue to offer the same first-class quality UK manufactured products and services as before with a future filled with continuous investment and development鈥.聽

The Swansea-based company also makes aluminium access towers as well as ladders.

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