Dealers buying equipment from Gamble Foodservice Solutions will see a 10% surcharge added to their invoices from December after the company said it could no longer absorb the “significant” drop in the value of the pound against the US dollar.
The surcharge will show as a line item on all orders received and invoiced from 1 December 2016 onwards.
GFS, which is one of the country’s largest importers of US catering equipment, began notifying dealers of the decision this week and said the move was a “fairer” alternative to raising list prices.
It has pledged to review the move every 2 months and adjust the levy if there is a marked change in the currency situation.
The surcharge is a standalone fee and has no bearing on any retrospective agreements or rebate arrangements that dealers have with the company. It does not apply to MKN equipment, which is sourced from Germany and therefore not exposed to UK-US currency fluctuations.
In order to avoid the surcharge on any special order items received before December, Gamble said the order must be invoiced within 30 days of customers’ notification of arrival of the goods.
The full story, including comment from Gamble’s MD, Mike O’Keeffe, is reported on our sister publication FEJ’s website HERE.