Pudlo has a 150-year history but parent company DB Group (Holdings) went into administration in February.

DB Holdings traded using the Pudlo name and also zero-cement concrete brand Cemfree which used up a lot of company funds for research.

A new management team has acquired the Pudlo name and taken on 12 staff after striking a deal with the administrators.

Cemfree has been acquired by materials giant SigmaRoc.

Alan Sleigh, General Manager of Pudlo Products Limited,said: “As we embark on this new chapter, I am delighted to refocus our efforts on Pudlo’s exceptional offerings.

“With over a century of experience behind us and a fantastic, experienced team, we are uniquely positioned to continue leading the industry with our innovative waterproofing and gas protection solutions. I am truly excited about the opportunities ahead and the prospect of further enhancing our legacy.”