Expansion for independently focused NEG
Purchasing group for independent opticians celebrates 12.7% financial growth and 6% increase in membership
The National Eyecare Group (NEG), the UK’s largest purchasing group for independent opticians, has reported a 12.7% growth in the latest financial year.
“Although the UK optical market remains tough, this performance shows that the independent sector is still a force in today’s market,” said NEG’s director of business development, Phil Mullins (pictured with NEG business development manager, Sandi Charlesworth).
It is the fourth consecutive year that the group has seen double-digit growth. Membership has also increased by 6%, with more than 1000 independent practices now a part of the organisation.
Mr Mullins added: "We have worked hard over the last few years to develop strong partnerships with, and between, our members, our suppliers and optical agencies – with the overriding aim of supporting the UK’s truly independent practices."
He concluded: "Our recent results show that the hard work and dedication of the NEG team and our partners has been worthwhile and that our members continue to grow successful businesses in a demanding market."
The NEG was previously known as Percy Kirk and was set up in 1979 by business partners, Michael Daunt and Mike Wheeler, who remain owners of the business.
The founding aim remains the key focus of the group, which is for an independent UK company to support independent practices with preferred buying terms and simplified administration to help create successful practices.
For more information, visit the NEG website.