OrganoWood AB signs sales and distribution agreement

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OrganoWood AB signs sales and distribution agreement

OrganoClick’s daughter company OrganoWood AB has signed its first sales and distribution agreement. The agreement gives ML Wood Protection exclusive distribution rights of OrganoWood™ wood protection products in Egypt and Turkey. The agreement is subject to that certain development mile-stones will be reached during 2010 and will if these mile-stones are reached generate minimum sales of SEK 10 million in 2011. “This is a very important step forward for OrganoClick and OrganoWood, and is a proof that we are developing attractive products”, says Mårten Hellberg, CEO of OrganoClick.