KBzine: the original kitchen and bathroom industry e-news - since 2002
20th October 2017
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KBSA support for In-toto and Alno retailers
The Kitchen Bathroom Bedroom Specialists Association, has offered support to In-toto and Alno retailers following the news that Alno AG has filed for insolvency in self-administration.
The insolvency process includes Gustav Wellmann and Alno Logistik & Services GmbH but the company says that all foreign subsidiaries and Pino GmbH are not affected and that business continues as usual for them.
"We reacted quickly to contact all our members to offer any support and advice they may need," says national chair Richard Hibbert. "Whilst Alno has been in a similar situation before with little repercussions in the UK market, it pays to be prepared. Indeed, the KBSA and the management of In-toto UK have already agreed on an amicable separation with their group membership being terminated the end of July 2017.
"All individual In-toto members have been invited to re-apply for KBSA membership in their own right and a significant number have indicated that they wish to take up our offer. We are committed to ensuring a speedy and efficient sign-up so that retailers can offer their customers much needed reassurance during what may be an uncertain time."
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21st July 2017