Victorian Plumbing Group plc announced that the Group has signed an agreement to enter into a 20-year lease for a new, 544,000 square foot, purpose-built distribution centre in Lancashire, located close to its existing operations. The new distribution centre is scheduled to be completed in Autumn 2023 and will become fully operational after a period of dual running with existing sites to ensure a smooth transition. The new distribution centre will support the Group's strategic expansion and will enable consolidation of a number of the Group's existing sites, although some existing facilities will be retained to enable further adjacent category expansion.

The Group will invest in fitting out the new distribution centre through the current and next financial year. This strategic investment will provide the Group with further operational capacity to support its growth, further strengthening its market leading position.