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For many years Monument branded private label own brand plumbing tools for distributors including Faithfull, Nerrad and Haron. With the best intentions this was seen as a win-win for both Monument and the distributor; Monument having the capability to design, manufacture and package whilst the distributor have the skills set in selling and marketing to parts of the market where Monument had little penetration. All seemed rosy in these gardens until the desire for the distributors to make more and more margin. Possibly from pressure from DIY multiples the distributors looking to keep or grow their margin looked to resource the product from the Far East or trade on a strong purchase currency.
It is with regret that Monument have seen these areas decline as distributors have resourced and even in some extreme cases falsely claim that the products were of their own design and manufacture. The decision was taken by Monument in 2016 to cease all private label own brand plumbing tools for distributors (with a single product category exception). Some would argue that it is the right of the distributor to resource but resourcing away from the original manufacturer for a cheaper alternative inevitably leads to a lower quality product which is not the aim of Monument nor the requirement of the trades to use lower quality product.
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