VB Distribution extends warehouse space

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VB Distribution has added 100,000 sq. ft of bonded warehousing and trade counter capacity to its national network of depots, which now totals 500,000 sq. ft across the country.

This forms part of the vape wholesaler’s long-term expansion programme and expands its HMRC-approved customs bonded warehouse operation, allowing duty-suspended storage.

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“Most of the market is still working out how to survive October. We’ve built for it,” said Natalia Gosciniak, chief executive of VB Distribution. “This site means retailers who move their supply to us get continuity, compliant stock, and credit terms, while distributors without bonded infrastructure are forced to pass duty costs straight through. We expect a significant share of the market to consolidate around the businesses that prepared, and we intend to lead it.”

VB Distribution supplies more than 50,000 retailers across the UK, with group turnover of £500m.

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Paul Hill is the Editor of Better Wholesaling. He can be found on Twitter at @BW_PaulHill, or contacted via paul.hill@newtrade.co.uk and 07960935659.

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