RCS - Frontier IP Group - Alusid signs international distribution agreement

Frontier IPAnnouncement

08/01/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250108:nRSH4648Sa&default-theme=true

RNS Number : 4648S  Frontier IP Group plc  08 January 2025

Reach - a non-regulatory announcement

AIM: FIPP

08 January 2025

 

Frontier IP Group Plc

("Frontier IP" or the "Group")

 

 

Portfolio news - Alusid signs first international distribution agreement with
Dutch sustainable materials platform FRONT Materials B.V.

 

Frontier IP, a specialist in commercialising intellectual property, today
announces that portfolio company Alusid Limited ("Alusid" or the "Company")
has signed its first international distribution agreement with Dutch
sustainable building materials firm FRONT Materials B.V. ("Front").

 

Front will have exclusive rights to distribute Alusid's wall and floor tile
ranges in the Netherlands. The Dutch firm will also be able to distribute to
the rest of Europe and the United States on a non-exclusive basis. Frontier IP
holds a 35.4 per cent equity stake in Alusid.

 

This agreement demonstrates the global potential for Alusid's sustainable wall
and floor tiles. They are made either wholly or near wholly from recycled
industrial waste and have a significantly lower carbon footprint than
equivalent tiles. The Company is in talks with other distributors
internationally. Existing customers include Topps Tiles plc in the UK and
Starbucks EMEA.

 

Front was formerly known as StoneCycling, which launched a brick made from
recycled materials called WasteBasedBrick in 2015, the BioBasedTile in 2022
and CornWall in 2023. StoneCycling was renamed Front in 2024 to reflect a
bigger ambition to provide architects, developers and contractors with
sustainable alternatives for every visible area in, on and around their
buildings. Projects that have been undertaken by Front include those in the
Netherlands, elsewhere in Europe and the United States.

 

Ward Massa Front Materials CEO said: "For nearly a decade, we have advocated
for sustainable materials in architecture and construction, building a strong
client base across Europe and the US for products like WasteBasedBricks and
BioBasedTiles. Expanding our portfolio through strategic partnerships is key
to our growth, and our collaboration with Alusid aligns perfectly with this
vision."

 

Alasdair Bremner, Alusid's CEO, said: "'This agreement marks an exciting
milestone in our international growth strategy. We are delighted to be working
with industry pioneers Front Materials and are confident their expertise and
market presence will help Alusid enter these key markets. Together, we look
forward to setting new standards of quality and innovation in the sustainable
building materials space."

 

Frontier IP Chief Executive Neil Crabb said: "Alusid is helping to address
issues around the sustainable use of materials and carbon emissions of concern
to consumers and the building industry worldwide. We believe the Company's
innovative surfaces, and wall and floor tiles, have the potential to achieve
significant market share globally in the sustainable materials area. This
agreement with Front Materials provides further, strong validation of Alusid's
approach.

 

 

ENQUIRIES

 

 Frontier IP Group Plc                                                  T: 020 7332 2338
 Neil Crabb, Chief Executive                                            neil@frontierip.co.uk

 Andrew Johnson, Communications & Investor Relations                    M: 07464 546 025

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

 Nick Athanas / George Payne

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. Their Principle
range was named wall tile of the year at The Tile Association's Awards in
2024. The Mas floor tile range, launched last year, has been shortlisted for
Interior Surface of the Year at the Surface Design Awards 2025 to be announced
in February 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.

About Reach announcements

This is a Reach announcement. Reach is an investor communication service
aimed at assisting listed and unlisted (including AIM quoted) companies
to distribute media only / non-regulatory news releases into the public
domain. Information required to be notified under the AIM Rules for Companies,
Market Abuse Regulation or other regulation would be disseminated as an RNS
regulatory announcement and not on Reach.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRABLGDBSSGDGUR