Renewables supplier Solfex sold for £8m

A LANCASHIRE company, a specialist distributor of high quality renewable energy systems, has been snapped up by listed building materials group Travis Perkins for an initial £8m.

Solfex Energy Systems, based on Charnleyfold Industrial Estate, Bamber Bridge near Preston, was founded in 2006 by Stuart and Susan Cooper. Sources close to the deal say the total transaction value could reach £30m.

It took on external investment in September 2011 from Panoramic Growth Equity and over the last three years has genera... For the full story register now for free or login below...