The business was sold to Omnis with several other parts of Eleco’s ElecoBuild division, including SpeedDeck Building Systems, Prompt Profiles and Downer Cladding Systems in a £200,000 deal.
The sale sees the transfer of all 44 staff working for the four building products manufacturing businesses. Eleco is retaining the 116,000ft2 freehold property at Yaxley, where the companies are based, and has agreed a one-year lease with Omnis.
New start-up Omnis was incorporated on May 7.
Stramit Panel Products manufactures acoustic flooring panels and partitioning. The composite acoustic flooring system for joisted floors is designed to meet Part E of the Building Regultions.
It is a floating floor system comprising moisture-resistant T&G chipboard panels over three further layers of sheet material. A further acoustic product for concrete floors comprises 18mm T&G chipboard bonded with a 5mm resilient layer.
Stramit Panel Products’ partitioning products include the CanBerra range – either flaxboard, plasterboard or plywood, chipboard and MDF pre-finished with a range of HPL, vinyls, hardboard or softwood. The ConCor partitioning product range is constructed from a paper honeycomb core.
Strawboard is no longer part of the company’s product range.
Eleco said the businesses sold recorded a combined loss of £1.2m in the year ended December 31, 2012.
