Breich-based Levenseat Resource Management (LRM) has announced an investment package of £8 million along with key appointments to its board of directors – positioning the company for market developments in the circular economy.
Levenseat said the moves reinforce its position and commitment to a “zero waste to landfill” corporate goal.
From its base between Breich and Forth in Central Scotland, Levenseat Resource Management is a leading materials recovery and recycling facility, focused on delivering sustainable waste management solutions that support the transition to a circular economy.
With a team of 92 people, Levenseat combines advanced technology and industry expertise to maximise material recovery, helping businesses and local authorities minimise environmental impact and reduce carbon emissions.
The investment package has been provided by Levenseat Investments (LVS), a strategic investment vehicle led by Chris Walker, a green technology and renewable energy entrepreneur and chairman of Muirhall Energy, Scotland’s largest independent renewables developer.
The package includes lending facilities and asset investment, including a £4 million working capital facility.
Walker joins the LRM Board, alongside Alan Frain – a financial and turnaround specialist with over 25 years experience in corporate banking.
Levenseat Resource Management CEO Angus Hamilton: “We are at the beginning of an exciting new era for Levenseat. This funding package not only secures our financial foundation but provides the necessary capital and, crucially, the additional industry expertise to develop our business to the next level.
“With the business now firmly stabilised and back up to full operations, we are future-fit for an exciting new era of sustainable growth. We are particularly enthusiastic to strengthen and expand our valued relationships with both local authorities and commercial partners, as well as proactively seeking out new opportunities consistent with our mission of zero waste to landfill.”
Walker said: “Sustainability and the circular economy have been central to my professional life for the last three decades. This investment and financial backing will unlock significant opportunities for the future at Levenseat, and further deepens a long-standing business relationship with Angus and his family. I am excited to be in a position to contribute to a business that is a true major player in the circular economy.”