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Prolyte acquired by Area Four Industries

Prolyte acquired by Area Four Industries

Prolyte acquired by Area Four Industries

World:

Just weeks after Prolyte Group announced that it could no longer guarantee the continuity of the business following its failure to meet financial obligations, the company has been acquired by Area Four Industries. As a result, Prolyte becomes the fifth brand to join Area Four Industries, along with Milos Structural Systems, Litec, Tomcat and James Thomas Engineering.

While Area Four Industries will restructure Prolyte’s management, production and strategy, it states that ‘Prolyte will keep its DNA intact’.

‘We will invest in the development of Prolyte as a brand, as well as in new ideas and products,’ assured František Zykan, CEO of Area Four Industries. ‘Our current partners remain equally important for us. I trust that in two years, Prolyte will be number one in customer satisfaction.’



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