Polyfence: Sold to timber specialists

Two timber industry specialists bought PVCu fencepost maker Polyfence last week for an undisclosed sum. The UK company had been in liquidation following a creditors’ meeting earlier this month. The company’s existing directors, David Forsyth and Robin Byron will stay with the company following the sale.

Polyfence makes Supalite, a hollow rigid PVC fence post. Its directors invested more than £400,000 (E560,000) in two co-extrusion lines when they set the company up early last year. Byron said Polyfence went into liquidation after it had outreached itself. “We had set up to achieve significantly high sales, and were not reaching them.”

He said new owners, Richard Fawcett and Paul Phillips, hope to expand the company using the distribution network used by sister company, Dandf, which makes timber garden products.

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