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2022-09-13 16:16:48
13.9.2022 16:16:45 CEST | Aqua Bio Technology ASA | Non-regulatory press
releases
Aqua Bio Technology ASA (ABT) and Mentellow Beauty Brands AS (Mentellow) has
jointly agreed to terminate the 3 year distribution agreement signed 2 June 2022
- https://newsweb.oslobors.no/message/563983 for Norway, Sweden, Denmark &
Finland.
With ABTs acquisition of Cosmed Beauty AS and Ultrabody AB signed 28 July 2022 -
https://newsweb.oslobors.no/message/567588 , ABT covers the market in Norway,
Sweden, Denmark & Finland for end users, Spa Hotels, Spa Cliniques, web shops
and traditional beauty shops.
Background - https://newsweb.oslobors.no/message/565986 for the acquisition of
Cosmed Beauty AS and Ultrabody AB (Cosmed): with this agreement, ABT and Cosmed
secures the entire value chain from production to end user. ABT also secures
distribution for Seiðr, Seiðr Clinique, Moana Skincare, B Natural and future
products.
****
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.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/1737/2334/Download%20announcement
%20as%20PDF.pdf