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Land | Norge |
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Lista | OAX Equities |
Sektor | Hälsovård |
Industri | Bioteknik |
19.1.2022 14:17:09 CET | Aqua Bio Technology ASA | Non-regulatory press releases
Aqua Bio Technology ASA (ABT) entered into a distribution agreement in Q1 2021 with Cosmed Beauty AS in Norway, for distribution of the skincare series Moana Skincare. The first order on Moana skincare was placed in late August 2021.
Cosmed Beauty AS is now preparing to also launch the sisterbrand of Moana Skincare, B Natural. The first order on B Natural is now placed.
B Natural is based on the same unique ingredients as Moana Skincare with formulations of truly effective, instantly performing, organic skincare products providing long lasting hydration, regeneration and which contributes to beauty and skin protection. B Natural was created to adapt the product to other markets, expanding the commercial reach of the unique Moana product line.
Cosmed Beauty AS has built a network of influencers and followers (more than 25 000) and these will be important tools in the launch. Cosmed Beauty AS has shown continuous growth in the market and has established a distribution model that covers about approx. 900 stores.
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For further information, please contact CEO Håvard Lindstrøm mobile phone +47 941 32 288.
Aqua Bio Technology (ABT) is developing and commercializing sustainable biotechnology for use in skincare products. ABT's cosmetics ingredients are highly effective and they provide the cosmetics industry with natural alternatives to traditional ingredients. ABT is also marketing and distributing natural skincare products developed by partners towards consumers and professional users. ABT's focus on commercialization and development of natural ingredients and natural skincare products has been, and will continue to be, an important part of the Company's strategy going forward. Aqua Bio Technology is listed on the Euronext Expand market of the Oslo Stock Exchange.
Disclosure regulation
This information is subject of the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act.
Contacts
- Håvard Lindstrøm, 004794132288, hl@aquabiotech.no
About Aqua Bio Technology ASA
Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.