Stadium new reseller of OrganoTex®
OrganoClick has signed a reseller agreement with Stadium for OrganoTex®. Under the agreement, Stadium will resell OrganoClick's biodegradable and PFAS-free OrganoTex® textile impregnation and washing detergent for functional clothing in Sweden as well as newly launched OrganoTex® shoe care.
“We are very much looking forward to starting the collaboration with Stadium, which has worked early on to phase out PFAS from its products and has stated sustainability goals. Via Stadium, we reach an even larger target group of consumers in the Swedish market with our biodegradable clothing and shoe care products, ”says Susanne Karlsson, Sales Manager for OrganoTex® at OrganoClick.
The first delivery of products will take place in the spring when Stadium starts selling the products in selected stores and in its web shop.
This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 15-04-2021 11:08 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 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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