Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Independent Buying Consortium (IBC) Ltd has joined National Buying Group (NBG) LLP in a new strategic partnership that will enhance the buying power of both organisations and their collective network of merchants across the UK.
The partnership sees the IBC central organisation become one single NBG Partner. As a result, it will gain access to all NBG Supplier deals and a single vote under the terms of NBG’s Limited Legal Partnership.
All 220 IBC members will remain independent businesses in their own right.
Managing director at NBG, Mark Hughes, said: “We’re always looking for ways we can enable our network of independent merchants to remain as competitive as possible and by welcoming IBC into our Partner network, we feel we can work with our Suppliers to secure better pricing in return for significantly greater sales volumes.
“IBC shares many of the same core values and objectives as NBG, particularly a commitment to supporting independent businesses. This alignment makes the partnership a natural fit and marks the beginning of an exciting new chapter for our sector.”
Vick Patel, CEO of IBC added: “We’re extremely pleased to have become an NBG Partner. This strategic step enables our members to benefit from more competitive Supplier deals than we could have achieved alone. It’s our members and their customers who will benefit most. We’re looking forward to supporting NBG’s continued growth and playing a role in helping their Suppliers to grow their sales.”
