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Interframe, the Paignton-based window manufacturer with 144 staff, has been bought out of administration by Solar Windows of Caerphilly for undisclosed terms.
Interframe has sold its window retailing division, which includes Mod-Dec Windows and ALC-Interplas, to a subsidiary of Exeter-based Euroguard Windows for undisclosed terms.
Interframe, the Paignton-based windows company, is expanding onto a new site near its existing factory, with the creation of 50 jobs.
Interframe is to expand its windows and doors factory in Paignton with the creation of 20 new jobs, and has just undergone a management buy-out.