Photocat A/S Announces New Distribution Agreement with Nordagent Oy based in Finland on the suite of de-icing and dust-suppression CMA products
08 July 2024 - 10:00AM
Photocat A/S Announces New Distribution Agreement with Nordagent Oy
based in Finland on the suite of de-icing and dust-suppression CMA
products
July 8th 2024
Photocat A/S Announces New Distribution Agreement with
Nordagent Oy based in Finland on the suite of de-icing and
dust-suppression CMA products
Roskilde, Denmark. July 8, 2024 – Photocat A/S
(Nasdaq First North: PCAT), a leading innovator in photocatalytic
and air quality improving technologies, is pleased to announce a
new distribution agreement with Nordagent Oy in Finland covering
the suite of CMA products for de-icing and dust-suppression
purposes, a significant step towards expanding its market reach and
driving sustainable growth.
Under the terms of the agreement, Nordagent Oy will distribute
Photocat’s advanced CMA products in especially Finland, however,
with potential sales to other Nordic Countries. This partnership
aims to leverage Nordagent Oy's extensive network and expertise to
enhance the availability and adoption of Photocat's environmentally
friendly solutions.
"We are excited to partner with Nordagent Oy to bring our
innovative CMA suite of products to a broader market," said Jesper
Elsgaard, CBO of Photocat A/S. "This agreement aligns with our
strategic goals to expand our geographical and partnership
footprint and drive growth by collaborating with key industry
players. We believe that this partnership will not only enhance our
market presence but also drive significant value for our
stakeholders by providing access to innovative, sustainable
solutions".
Nordagent Oy shares our commitment to sustainability and
innovation, making them an ideal partner for us," added Henrik
Jensen CTO of Photocat A/S. "We look forward to a successful
collaboration that will benefit both companies and our
customers”.
“This agreement with Photocat A/S enforces Nordagent Oy’s
product portfolio in environmental technology and gives us even
more chances to make more good for the environment and for the
ecosystem” states Mika Rantanen CEO of Nordagent Oy. “We are now
able to offer better alternatives for example within road
maintenance work due to chemicals, which have Nordic Swan label and
save nature compared to present alternatives in Finland”.
Key Points of the Agreement:
- Exclusive Distribution
Rights Secured: Nordagent is granted exclusive rights to
distribute Photocat’s innovative CMA products across Finland.
- Comprehensive Support and
Training: The agreement encompasses extensive product
training, robust marketing support, and coordinated joint
promotional activities.
- Strategic Collaboration for
Success: Both companies will work in close partnership to
ensure the seamless implementation and effective execution of the
distribution strategy.
Photocat A/S looks forward to a fruitful partnership with Mika
Rantanen and his team at Nordagent Oy and the positive impact it
will have on the environment and communities served.
Importantly, this Distribution Agreement with Nordagent Oy will
not influence the expectations for the financial performance of
2024.
For further information, please contact:Jesper
ElsgaardChief Business OfficerPhotocat A/S Tel: +45 5121 7651
e-mail: jes@photocat.net
About Photocat A/S:Photocat is
a leading innovator in sustainable solutions, dedicated to
harnessing the power of photocatalysis to create a cleaner and more
sustainable world as well as technologies within de-icing and
dust-suppression technologies (CMA). With a focus on cutting-edge
technologies and partnerships, Photocat is at the forefront of
environmental innovation. Photocat’s shares are listed on Nasdaq
Stockholm, First North with the ticker symbol PCAT. The company’s
Certified Advisor is Eminova Fondkommission AB.
About Nordagent Oy:Nordagent Oy plays an active
role of environment technology with a strong presence in Finland
and northern part of Sweden and Norway. The company is known for
its commitment to quality, innovation, and customer satisfaction.
Nordagent Oy has already a green footprint on dust control devices
and smell control devices and chemicals. The new products of
Photocat A/S increases Nordagent Oy’s possibilities to influence
chosen solutions leading to an even cleaner and healthier
environment.
Forward-Looking Statements: This press release
may contain forward-looking statements that involve risks and
uncertainties. Actual results may differ materially from those
projected or implied in such statements. Photocat A/S undertakes no
obligation to update any forward-looking statements.
Photocat A/S (publ) l Langebjerg 4 DK-4000
Roskilde l Tel: +45 7022 5055 l www.photocat.net
- 240708_Press Release - Nordagent OY CMA distribution agreement
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