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Due to geopolitical developments in the Middle East and the resulting impact on the global supply of oil, gas and chemical intermediates, as well as disruptions to supply chains and transport capacities and the surging prices of plastics and copper, we find ourselves compelled to moderately adjust our prices for the first time in three years.
As a manufacturer of electrical and electronic connection technology and cable management systems, we are heavily impacted by the cumulative effect of these factors and the erosion of established market structures.
Please be assured that we are taking extensive measures and maintaining close dialoge with our suppliers to minimise the impact of these circumstances on our business relationship.
However, after a thorough review, we can no longer absorb these significant additional costs. Consequently, we are increasing our current net prices by a moderate 4.8% for all orders placed on or after 1 June 2026. Please note that this adjustment does not fully cover the price increases passed on to us by our own suppliers.
The current gross price list remains unchanged and will not be increased.
We thank you for your understanding and value our continued partnership as we navigate this challenging situation together.
With kind regards from Hövelhof,
