Business
Cosmos Health to Launch Sky Premium Life Nutritional Supplement Products in Germany and Austria via Amazon and Ebay
CHICAGO, IL / ACCESSWIRE / September 15, 2022 / Cosmos Holdings d/b/a Cosmos Health, Inc. ("the Company") (Nasdaq:COSM), is a global healthcare group with
About this update from Cosmos Health Inc.
[{"type":"text","content":"CHICAGO, IL / ACCESSWIRE / September 15, 2022 / Cosmos Holdings d/b/a Cosmos Health, Inc. (\"the Company\") (Nasdaq:COSM), is a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, today announced that the Company's proprietary line of nutraceuticals, Sky Premium Life, has entered into an exclusive agreement with Mediprovita GbR. Mediprovita will begin selling its Sky Premium Life (\"SPL\") products in Germany and Austria beginning in the Fourth Quarter. The initial order for 20 SKUs will be sold through Amazon, Ebay, and Mediprovita's own ecommerce website. The Company expects to extend its relationship with Mediprovita in the near future to include the distribution of 70 SKU's.Mediprovita is a full-service distributor and logistics provider of consumer products with over 30 years of experience. Cosmos has signed a distribution agreement with Mediprovita to be their exclusive distributor in Germany and Austria of the Sky Premium Life line. A proprietary, luxury and high-quality nutritional supplements' brand, with a complete range of vitamins, minerals, herbs, and unique formulas. Under the terms of the agreement, Mediprovita will employ its sales, marketing, and e-commerce expertise to distribute Sky Premium Life products throughout Germany and Austria. Aggelos Kiriazis, Mediprovita's CEO stated \"Sky Premium Life products are a great fit for our business, as we began selling food supplements two years ago, with great success. Based on our comprehensive market research, we expect SPL products to have strong rate of acceptance in the German and Austrian markets.\"\"Our entry into Germany and Austria is an important step for us, as Germany has the largest Nutraceuticals market in Europe.\" stated Greg Siokas, Chief Executive Officer of Cosmos Health. \"We are continuing our global roll-out strategy as we launch our products worldwide. Thus far in 2022, we have successfully introduced our products on Amazon in the United States, United Kingdom, Canada, and Singapore. Our key objective remains to grow internationally, as we continue to leverage our robust global logistics and distribution capabilities, while expanding our customer base worldwide.\"According to Mordor Intelligence, the European nutraceutical market is expected to ...