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Written by Admin
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Tuesday, 16 September 2008 |
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Sometime ago, we said that we thought that there would be a reduction in distributor numbers as well as dealers in the industry. Well it looks like Unique distribution could be a casualty. Started off by HMRC on its parent company IGB on VAT fraud, it looks like Unique may have suffered as a result. It was a bit obvious really, to have staff locked out on the pretext of delay after delay in insurance cover for the building, then staff having to wait for wages, was to an extent a bit of a give away that they were in trouble. And now with Nemesis Technology filing for a winding up, it was only a matter of time really. Of course the next question will be whose next.
With major contracts withdrawn from 20:20 and others hit by large claw backs on the cashback issue, it can only be a matter of time now before takeovers start to surface. The question of course is how is this going to effect dealers who have accounts, with their current distributor?
Another question that
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