Launch of ORGANOWOOD® wood protection in the USA with Woodborn USA as distribution partner
OrganoClick's subsidiary OrganoWood markets and supply modified wood and wood treatment products. As its next step of expansion, ORGANOWOOD® wood protection system is now launched on the US market through a distribution agreement with the wood paint and coating distributor Woodborn USA. Through their sales team, ORGANOWOOD® wood protection will now be sold and distributed to paint dealers and building supply chains across the US market.
OrganoWoods wood protection products were the first in Sweden to be awarded with the Swedish Society for Nature Conservation eco-label "Good Environmental Choice". Currently OrganoWood has distribution agreements for its wood protection system in Sweden, Norway, Finland, Denmark, the UK, The Baltics, the Benelux countries, and Canada.
- "It will be an interesting venture we will do together with Woodborn USA. We believe the US market to be a very interesting market as this is the largest wood market in the world and the Americans love their wooden decks and porches", says Martin Nygård, Export Sales Manager at OrganoClick.
“We are excited to start marketing and promoting ORGANOWOOD® wood protection in the US. It is a great eco-friendly product which perfectly complements our portfolio of paint and wood finishes and brings an alternative, much-needed and forward-thinking solution to our market”, says Brad Paulson, CEO at Woodborn USA.
The Distribution agreement is a 3-year contract which give Woodborn USA the right to sell, market and distribute ORGANOWOOD® wood protection in the US.
This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-10-2020 12:56 CET.
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For more information, please contact:
Mårten Hellberg, CEO
0707 - 16 48 90, marten.hellberg@organoclick.com
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About Woodborn USA
Woodborn USA is an American distributor of wood paint and varnishes. Brands that are represented by Woodborn includes Osmo paint and wood waxes which are sold to a large network of DIY-stores, building suppliers and paint dealers throughout the USA.
About OrganoClick
OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North Growth Market. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the durable water repellent technology for textiles OrganoTex®, the biocomposite material OrganoComp®, surface treatment and maintenance products for villa and property owners under the brand BIOkleen®, biobased binder under the trade name OC-BioBinder™ and the flame and rot-resistant timber OrganoWood® (through the joint-venture OrganoWood AB). OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start -up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award, listed as a SUSTAINIA100 company and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.
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