Alusid signs Swedish distribution agreement

Summary by AI BETAClose X

Frontier IP Group plc announced that its portfolio company, Alusid Limited, has secured an exclusive distribution agreement with Kakelspecialisten AB, a leading Swedish tile supplier and subsidiary of Saint-Gobain. This deal grants Kakelspecialisten exclusive rights to supply Alusid's sustainable wall and floor tiles in Sweden for 24 months, with non-exclusive distribution rights outside Sweden. Alusid's tiles, which utilize over 95 percent recycled materials and have a significantly lower carbon footprint, are gaining traction globally, with previous agreements in place with Dutch and Italian partners. Frontier IP holds a 35.4 percent equity stake in Alusid.

Disclaimer*

UK 100

Latest directors dealings