MHK Group – a German buying and marketing group for owner-managed kitchen retailers that entered the UK market earlier this year – has become the “first European kitchen buying group” to introduce a new central payment system to the UK.
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The new system “streamlines the payments process for both retail and supplier members, minimising credit risks for suppliers in the process”, according to the group, which added that “lower risk means lower prices for MHK members”.
“We are confident no other buying group can offer the purchase price and conditions offered by MHK,” said MHK expansion managing director Marcel Crezee. “Thanks to the collective strength and purchasing power of more than 2,700 members, our members will have access to the best possible prices.
“The first UK kitchen dealers started working with us from 1st January 2018 and our goal is to strengthen the performance of specialist shops and to increase their return on investment.”