Acquiring Poly-Pure for an initial £15m has enhanced the earnings of UPVC building products supplier Epwin (LON: EPWN). This will add to Epwin’s market share, which was already increasing.
Norwich-based Poly-Pure is a recycler and re-processor of PVC material from building products. There are plans to increase processing capacity. This will enable Epwin to use more recycled material in its products, which will boost its ESG reputation. There has also been a limited supply of UPVC resin, which has led to rising prices. Reducing the proportion of new UPVC resin should help the manufacturing ...