A Lampeter-based decking business has been acquired in a management buyout as it seeks to expand into the domestic homes market.
The deal, partly financed by a six figure loan from the Development Bank, sees sale manager Matthew Parsons acquiring the Deckrite from John Thomas and his so Barry who set up the business in 2010.
The company has traditionally provided high quality decking, fencing and balustrades for caravans. All products are made in the UK and are 100% recyclable.