Ravatherm UK, the PolyFoam XPS insulation manufacturer, has been acquired by a private investor.
The deal means that from 1st October 2018, the Hartlepool-based business will operate under a new name - PolyFoam XPS.
The company’s manufacturing plant will continue to run as normal with no employees affected by the change. All products will also remain the same, including their certifications.
Stuart Bell, managing director of Polyfoam XPS said: “The Polyfoam brand was established more than 30 years ago, so is already well known and respected in the building industry. This made it the natural choice for the new company name.
“With the new name, comes a new look, which will be reflected on our website and other marketing materials, but aside from that, it’s very much business as usual. We will continue to operate in exactly the same way as before, so there will be no disruption for our customers.
“Our focus will continue to be on providing high-performance extruded polystyrene products with unrivalled green credentials and backed by leading levels of customer service.”