Lancashire operator FDC (Holdings) has expanded into a new DC near Preston.
FDC, which specialises in palletised distribution, storage and fulfilment, has acquired Unit 330 at Walton Summit Centre for an undisclosed seven-figure sum.
As well as serving as a second warehouse and DC, the company also plans to turn the site into a business hub by leasing a significant part of the 306,766ft² building to other firms.
MD Peter Allen (pictured, left) said: “This purchase gives us a great opportunity to grow our business and provide extra capacity to service new customers. The sheer size of the property means we are also able to offer space to other businesses, creating a thriving local hub.”
FDC, which has its headquarters on a 14-acre site at Moorland Gate Business Park, Chorley, has doubled turnover to £6m and doubled staff numbers to 40 in the past two years.
The company, founded by Allen and his brother Stephen (pictured, right) in 1997, holds contracts across the manufacturing, retail, and food and drink sectors.
Allen told MotorTransport.co.uk that FDC is aiming to achieve £9m turnover in its next financial year, boosted by some major food and drinks contracts the company has in its pipeline.
The Pallet Network member holds an O-licence for 17 vehicles and 15 trailers.
