HNCD signs exclusive distributorship deal

Quantify’s relationship with Harvey Norman Commercial Division (HNCD) continues to flourish.

We’re pleased to say HNCD have today signed on as Quantify’s exclusive distributor for the Australian east coast, including NSW, Victoria, Queensland, ACT and Tasmania.

Under the three-year agreement, HNCD have committed to a $500K stocking order for the next six months.

It all started in October 2017, when HNCD agreed to sell Quantify’s products into commercial and residential development projects throughout NSW and the ACT. Since then, Quantify has finished an onsite installation at the HNCD display suite at The Burcham apartments in Rosebery, Sydney, which is used by both companies to showcase Quantify’s intelligent building technology to potential customers.

HNCD’s proprietor Alan Stephenson said the growing demand from customers for home automation led them to request sole distributorship of Quantify’s products on the east coast.

“Harvey Norman enjoys a strong market share and a strong customer base. This is an important agreement and we look forward to continuing our relationship with Quantify.”

Quantify’s CEO Brett Savill said having Harvey Norman as the Company’s exclusive stockist for the eastern states was very pleasing.

“It marks an important milestone for the partnership between HNCD and Quantify. With an extensive network of large-scale customers including developers, builders and architects, the HNCD team are ideally placed to deliver significant B2B sales,” he said.

HNCD has a team of over 400 staff and is the single largest Harvey Norman franchise, providing an extensive selection of brand-name products to builders, developers, architects and designers.

 

Full ASX announcement from 13/5/2019 HERE.

  

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