 | Ventilation manufacturer EnviroVent has gained approved from the Royal Institute of British Architects (RIBA) for its Ventilation Strategies & Best Practice Compliance CPD course. |
 As Conex Bänninger celebrates its 110th anniversary, David Todd travelled to Spain to discover what lies behind the longevity.
Unsurprisingly for a business that has been around since Louis Blériot flew the Channel and Selfridges first opened its doors, there have been many important milestones along the way for Conex Bänninger. Few, though, can have had a more significant impact than the 2011 acquisition of parent company IBP Group by the IDD Group, a global supplier to the HVAC and sanitary markets, including IBP, headed by chairman and CEO Martin Tang.  In the first of an occasional series, a well-known industry figure gives a personal view on a topical issue. In this edition, we look at late payments and what action is needed to protect businesses.
When I sat down to write this article, I deliberated many times on the potential consequences that my words would have for those that read it. I work in an industry where late payments are commonplace. So much so that our business now has the potential to achieve its first trading year in more than a decade with no bad debt. We see this as a major success. That isn’t good enough and is cause enough to write some strong words about the situation that our industry finds itself in.
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