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Vulcan Two Group PLC ( (GB:VUL) ) has issued an announcement.
Vulcan Two Group plc has signed a five-year licence agreement with a global cloud-based enterprise software provider to implement a central ERP system, designed to unify key processes across its growing ePharmacy Group. The platform will support the integration of recently targeted acquisitions and is tailored to the company’s expansion profile and operational needs.
The ERP rollout will be phased to minimise disruption, overseen by the Group’s newly appointed ERP Director, with subscription fees rising from £80,000 to £100,000 annually over the contract term. Vulcan Two expects to spend about £765,000 on consultancy implementation costs in 2026, most of which will be capitalised, with management highlighting that the system should improve data quality, control and scalability to better execute its growth strategy.
More about Vulcan Two Group PLC
Vulcan Two Group plc is a UK-based company focused on building a leading regulated ePharmacy business via a buy-and-build strategy. Operating in the online pharmacy and digital healthcare sector, the Group targets growth through acquisitions and the integration of technology-driven platforms to streamline operations and enhance service delivery across its portfolio.
Average Trading Volume: 10,154
Technical Sentiment Signal: Strong Sell
See more insights into VUL stock on TipRanks’ Stock Analysis page.