Brief: Establishment Labs Holdings Says Co Entered Into A Definitive Agreement With Its Italian Distributor

Establishment Labs Holdings

06/08/2020 21:56

Aug 6 (Reuters) - Establishment Labs Holdings Inc  ESTA.O :
    * ESTABLISHMENT LABS HOLDINGS - ENTERED INTO A DEFINITIVE
AGREEMENT WITH ITS ITALIAN DISTRIBUTOR TO TRANSITION TO A DIRECT
SALES FORCE IN THAT MARKET
    * ESTABLISHMENT LABS - ORION TRADING S.R.L. WILL TERMINATE
ITS
DISTRIBUTION ARRANGEMENT WITH ESTABLISHMENT LABS AND PAY ALL
OUTSTANDING BALANCES DUE
    * ESTABLISHMENT LABS HOLDINGS - ESTABLISHMENT LABS WILL
ACQUIRE
ALL PRODUCT INVENTORY AND CUSTOMER RELATIONSHIPS IN ITALY FOR
APPROXIMATELY $1.1 MILLION
    * ESTABLISHMENT LABS HOLDINGS INC - NET FINANCIAL IMPACT OF
TRANSACTIONS TO ESTABLISHMENT LABS IS EXPECTED TO BE MINIMAL.

Source text for Eikon:  ID:nGNX4vX5dn 
Further company coverage:  ESTA.O 

 ((Reuters.Briefs@thomsonreuters.com;))