Business
Salarius North American distribution agreement
Salarius North American distribution agreement.
About this update from Tekcapital Plc
[{"type":"text","content":"\n \n \n RNS Number : 5906E\n Tekcapital plc\n 02 March 2020\n \n \n \n \n \n \n \n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). With the publication of this announcement via a Regulatory Information Service (\"RIS\"), this inside information is now considered to be in the public domain.\n \n \n \n \n \n \n \n \n 2nd March 2020\n \n \n Tekcapital Plc\n \n \n (\"Tekcapital\", the \"Company\" or \"the Group\")\n \n \n Portfolio Company Update \n \n \n \n \n \n Salarius Inks North American Distribution Agreement for Launch of SaltMe!(R) Snacks\n \n \n \n \n \n Tekcapital Plc (AIM: TEK), the UK intellectual property investment group focused on creating marketplace value from investing in university technology, is very pleased to announce that portfolio company Salarius ltd. \n has signed an agreement with a leading natural foods distributor to launch North American sales of its new \n \n SaltMe!®\n \n full flavour-low sodium snack line.\n Https://saltme.com\n \n \n \n \n \n The distributor is one of North America's largest natural food wholesalers with multiple distribution centers in the U.S. and Canada, distributing products to natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers and the food service industry. \n \n \n \n \n \n This agreement represents an important milestone for Salarius' new potato chip snack line, enabling unprecedented reach of SaltMe!® products into consumer outlets of every size in North America. Purchase orders and shipping of the product are expected in Q2 2020 to multiple distribution centers for \n \n all four flavour crisps\n \n being launched by the company. \n \n \n \n \n \n \n \"We are very excited about on-boarding a leading food distributor which we believe will enable us to build and maintain market traction for our new SaltMe!® full flavor- low sodium snacks.\"\n \n says \n Victor Hugo Manzanilla, CEO of Salarius.\n \n \n \n \n \n SaltMe!® all natural potato crisps are made with MicroSalt®, Salarius' proprietary salt with micron-size salt particles that dissolve in the mouth significantly faster than regular salt, delivering an incr...