Forterra to shut down two divisions
Forterra is closing down its Formpave block paving and the Bison Bespoke precast businesses.
The materials giant said the move will cost £4m and allow it to focus on core operations.
Formpave manufactures and sells concrete block paving, with 2024 full year revenue of £5.9m. The business broke even last year and is expected to be loss making this year.
The factory now requires a significant level of capital investment to remain operational which has forced the move.
Bison Bespo
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