OrganoWood signs general agreement with Finnish S-group
Awarded OrganoWood markets and supplies eco-labeled fire protected and durable wood and wood treatment products. During 2014, initial test sales were performed in Finland through 6 units within Kodin Terra, a Finnish building supplier chain which is part of the larger S-group. OrganoWood and the S-group now enter into a general agreement under which OrganoWood’s products will be supplied through the S-groups 27 units throughout Finland.
OrganoWood AB, a daughter company to OrganoClick AB (publ) and Kvigos AB, supplies and markets since 2012 OrganoWood®- a durable and fire protected wooden material. The wood is a perfect replacement to the standard pressure impregnated wood, treated with heavy metals and biocides and used in e.g. timber decking, fences, etc. The wood is environmentally labeled and is recommended by Swedish ”Byggvarubedömningen”. OrganoWood®-modified wood was 2014 awarded with Nordbyggs gold medal for ”Hottest building material of the year”. The company’s wood protection product is first-in-class to become eco-labeled by the Swedish Society of Nature Conservation as “Good environmental choice”.
The S-group is one of Finland’s largest group of specialized stores. The hardware stores in the S-group are divided in the three units Kodin Terra, S-rauta and Rauta-Prisma with a total of 27 stores all over the country.
During 2014, test sales were initiated in six stores within the Kodin Terra unit. A general agreement has now been entered with the S-group for reselling of OrganoWood’s products throughout the whole group.
”The general agreement with the S-group is an important step in our Finnish market launch. To have a broad geographical network of resellers in every country is key in order to get a good return on our marketing activities”, says Jens Hamlin, Managing Director at OrganoWood.
For more information, please contact:
Jens Hamlin, OrganoWood at jens.hamlin@organowood.com or 08-684 001 14
OrganoWood was founded in 2010 as a joint-venture between OrganoClick AB (publ) and Kvigos AB and is based on scientific breakthroughs in modification of biofibers. OrganoWood’s chemical products are produced by OrganoClick in Täby, and by the company’s industrial partner Bergs Timber in Nybro that modifies the wood. OrganoClick is listed at Nasdaq First North and was appointed by the World wildlife fund – the WWF to a ”Climate Solver” (www.climatesolver.org) in 2010, as one of Sweden’s 20 most innovative companies by the Swedish Institute in 2011 and has been on the business magazines NyTekniks and Affärsvärldens ”33-list” over “Sweden’s hottest young technology companies” in 2012 and 2013.
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