RCS - Frontier IP Group - Alusid reaches milestone in European roll out

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RNS Number : 5578X  Frontier IP Group plc  23 March 2026

Reach - a non-regulatory announcement

AIM: FIPP

23 March 2026

 

Frontier IP Group Plc

("Frontier IP" or the "Group")

 

 

Portfolio news - Alusid reaches milestone in European roll out with Tegelgroep
Nederland agreement

 

Frontier IP, a specialist in commercialising intellectual property, today
announces that portfolio company Alusid Limited ("Alusid" or the "Company")
has reached a significant milestone in its European roll out plans following
an agreement between Dutch sustainable materials specialist FRONT Materials BV
(or "Front") and Tegelgroep Nederland ("Tegelgroep" or the "Wholesaler"), a
leading wholesaler across Belgium, the Netherlands and Luxembourg ("Benelux").
Frontier IP holds a 36.16 per cent equity stake in the Company.

The partnership will initially see Alusid's tiles made widely available in the
Netherlands. Tegelgroep has already started stocking Alusid's products and
will sell them directly to businesses across the country. More broadly, the
Wholesaler also sells to more than 600 retail outlets in Benelux. It is part
of BME Group, which generates more than €5.5 billion a year in revenues and
operates across Germany, Switzerland, Spain and Portugal, as well as Benelux.

The first range to be stocked by Tegelgroep is Alusid's range of sustainable
Mas floor tiles, with initial distribution focused on the Netherlands. Alusid
announced a distribution deal with Front last year.

The stocking order of Mas also marks the start of a partnership between Front
and Tegelgroep Nederland under their sustainability label CERALUTION, the
launch of which will be at Material District in Utrecht from the 4(th) of
March to the 6(th) of March.

Alusid completed a pre-IPO funding round last year and news that it is now
generating sales in Europe provides a further boost as the Company continues
to explore the potential for an Initial Public Offering.

The Company's proprietary manufacturing processes typically use more than 95
per cent recycled materials and offer a significantly lower carbon
footprint than traditional ceramics. Existing customers include Starbucks
EMEA and Topps Tiles plc, which now markets two Alusid-made ranges across
its UK retail chain. Parkside Architectural Tiles, the commercial arm of
Topps Tiles, recently launched the Alusid-made Luca range, the first to use
the Company's own recycled glaze and Alusid's most recycled product to date
at 99 per cent recycled content.

Falko Koster, Tegelgroep Nederland Commercial Development Director, said:
"Sustainable innovation is a key driver for us. By turning innovation into
strong, scalable business concepts for our customers, we aim to remain a
frontrunner in the market. This partnership with Front and Alusid is a
powerful example of that strategy in action."

 

Ward Massa, Front Materials CEO, said: "Our collaboration with Tegelgroep in
the Netherlands is an important step in making these sustainable products
widely available with fast delivery and excellent service."

 

Alasdair Bremner, Alusid's CEO, said: "Having Tegelgroep place a stocking
order at the point of launch is a real milestone for Alusid. Holding stock is
a meaningful commitment - it's working capital, warehousing and sales effort -
and it shows real confidence in Mas and in the demand we're building together.
We're proud to be launching with Front and Tegelgroep at Material District and
excited to support designers and specifiers across the Netherlands."

 

Frontier IP Chief Executive Neil Crabb said: "We are delighted with this
agreement that Front have managed to secure for Alusid. The commitment from
Tegelgroep demonstrates the global appeal of Alusid's sustainable, low-carbon
tiles and the potential they have to make serious inroads into markets
internationally. The Company is an attractive proposition to investors as it
explores options for an IPO."

 

 

ENQUIRIES

 

 Frontier IP Group Plc
 Neil Crabb, Chief Executive                                            neil@frontierip.co.uk

 Andrew Johnson, Communications & Investor Relations                    M: 07415 888 425

 Company website: www.frontierip.co.uk (http://www.frontierip.co.uk/)   andrew.johnson@frontierip.co.uk
 Allenby Capital Limited (Nominated Adviser)                            T: 0203 328 5656

 Nick Athanas / Harry Newman

ABOUT ALUSID

Alusid creates beautiful, premium-quality tiles and architectural surfaces by
recycling industrial waste ceramics, glass and other materials, much of which
would otherwise end up in landfill.

 

The company's Sustainable Tile ranges are distributed in the UK by Topps Tiles
and Parkside Architectural Tiles. Its products have garnered widespread
industry acclaim and have won multiple awards over the years. The Mas floor
tile range, launched last year, was shortlisted for Interior Surface of the
Year at the Surface Design Awards 2025.

 

As well as Topps Tiles plc and Starbucks EMEA, Alusid's customers also include
Amazon, Nando's, Pret A Manger, Selfridges, Harrods and the BBC.

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