BRANDED PRICING INCREASES
We are contacting you to update you regarding impending price increases that will come into effect from 1st January 2021.
The vast majority of our products fall under our own branding and, with a handful of exceptions, we are pleased to be able to announce that there will be no price increases coming into effect for the foreseeable future.
As you are aware, we supply a number of branded products so any price increases are completely out of our control and we have little choice but to pass these on. At present the confirmed price increases are as follows:
Abloy - 3.5%
Adams Rite - average increase of 3.5%
Trimec - average increase of 3.5%
Securitron - average increase of 3.5%
Videx - no increases until April 2021
STI - no price increases
Daitem - no price increases
At present we are not aware of any increase on our Gate Automation brands, but we are expecting some increases at the start of quarter 2. We will notify the customers that this will effect in due course.
Finally, we would like to take this opportunity to thank you for all your custom during the past, very challenging year. We look forward to supplying all of your Access Control and Gate Automation requirements in the New Year and wish you all a very Happy Christmas.