Block manufacturer builds for the future
A SPECIALIST manufacturer and supplier of eco-friendly concrete blocks is building for the future after a £500,000 funding deal.
Wirral-based Virtus Projects has secured the growth capital finance from the North West Fund for Energy & Environmental, managed by 350 Investment Partners, and will use it to strengthen its sales team and manufacturing facility. It hopes to add 20 jobs over the next three years.
Bromborough company Virtus, is believed to be the UK’s only company to manufacture interlocking blocks made from 87% recycled waste materials. The products, a greener alternative to concrete, are sold under the Blockwalls brand.
The blocks can be used for a variety of purposes such as flood and land defences, bulk storage, railway infrastructure and in sectors such as construction, civil engineering, environmental and infrastructure.
Managing director Bob Evans said: “We have spent a great deal of time creating a cost effective, eco-friendly solution to concrete blocks that will lower CO2 levels whilst also being economically beneficial to our customers and contributing to the circular economy. This investment will allow us to strengthen our North West team as well as identify other market opportunities in other sectors.”
Adam Workman, partner at 350 Investment Partners, added: “Blockwalls is a pioneering product that has the proven capability to lower the carbon footprint compared to existing concrete products and we look forward to supporting the business as it continues on its journey towards growth.”
