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Victoria gets £150m Koch investment after shareholder approval

By Josh White

Date: Monday 17 Jan 2022

Victoria gets £150m Koch investment after shareholder approval

(Sharecast News) - Flooring designer, manufacturer and distributor Victoria announced on Monday that it has received the £150m investment from Koch Equity Development.
The AIM-traded firm said the investment followed shareholder approval of the preferred equity investment at a general meeting on 13 January.

It confirmed it had received £150m before fees and expenses from Koch Equity Development.

"Alongside the group's existing financial resources, this capital will be carefully deployed to support Victoria's acquisition-led growth whilst maintaining the board's long-expressed leverage policy."

At 1128 GMT, shares in Victoria were down 1.67% at 1,180p.

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