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Brew-It Group announce 2019 Brexit provision strategy

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Brew-It Group announce 2019 Brexit provision strategy

The Brew-It Group has announced a 2019 strategy with its manufacturing partners to provide both adequate UK stock and parts provision for the New Year and value protection in the form of a manufacturer price freeze across all brands for of 2019.

The Brew-It Group have begun increasing UK stock holding, securing further warehousing capacity at their head office in Chesterfield and since September incremental stock and parts across all their brands has been accumulated, as part of a negotiated agreement with both EU and US manufacturers.

This will continue until the end of the first quarter of next year. The situation will continue to be monitored and reviewed closely.

Steve Penk, commercial director for the Brew-It Group, said: “While speaking with our customers and listening to their concerns over the potential disruption to the supply chain a hard Brexit may bring, we have simultaneously been conducting discussions with our manufacturing partners to find an amicable solution.”

“The last week alone, has highlighted the lack of political certainty around any Brexit outcome with confusion and potential concerns around every corner. Without a crystal ball, all we can do and have started to do, is make provision for supporting our customers with strong seamless stock levels across all brands and spare parts holdings.”

The Brew-It Group is a UK company that markets the interests of La Spaziale UK, FBT UK and DMA UK, and was established to represent speciality coffee equipment for the UK Horeca market, under one banner, across various brands.

UK pricing may be subject to post Brexit forex volatility.

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