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RNS Number : 0822M Frontier IP Group plc 10 June 2025
Reach - a non-regulatory announcement
AIM: FIPP
10 June 2025
Frontier IP Group Plc
("Frontier IP" or the "Group")
Portfolio news - Alusid signs second international distribution agreement with
Italian distributor 3D Wall Panels Italia
Frontier IP, a specialist in commercialising intellectual property, today
announces that portfolio company Alusid Limited ("Alusid" or the "Company")
has signed its second international distribution agreement with 3D Wall Panels
Italia, a leading supplier based in Milan to provide commercial distribution
across Italy.
The deal expands Alusid's distribution further across Europe following the
agreement with Dutch sustainable materials specialist FRONT Materials BV
("Front"), which has already secured its first project for a hospitality
business in Amsterdam. Initially, the agreement grants exclusivity to 3D Wall
Panels Italia in Italy for commercial sales of Alusid's wall tile, floor tile
and Silicastone product ranges. The firm will also be able to distribute
outside Italy on a non-exclusive basis. The agreement is set to last for two
and a half years, subject to sales targets being met.
3D Wall Panels Italia, a brand owned by CM Product Group srl, was established
in 2012 and specialises in supplying innovative materials to architects,
designers, hotels and restaurants across Italy. Clients include Primark, Zara,
Lavazza and Club Med. The firm was also involved in creating TV sets for Top
Chef Italia, made by Discovery Italia, and Masterchef Italia broadcast by Sky.
It is also the exclusive Italian distributors for Durat, a well-known Finnish
sustainable surface material. Alusid started working with the firm last year
and this agreement puts their relationship on a formal basis.
The collaboration is a further sign that Alusid's sustainable wall and floor
tiles have global potential. They are made either wholly or near wholly from
recycled industrial waste or by-products and have a significantly lower carbon
footprint than equivalent tiles.
Other customers include Starbucks EMEA and Topps Tiles plc in the UK, which is
now stocking two of the Company's ranges in its retail chain. Topps Tiles
commercial arm, Parkside Architectural Tiles, recently launched the
Alusid-make Luca range, the first of the Company's products to use its own
recycled glaze delivering its most recycled product yet at 99% recycled.
Matteo Crespi, Chief Executive Officer of 3D Wall Panels Italia, said: "We are
very excited to formalise our existing collaboration and become official
partners with Alusid. We share the same objective of developing and offering
innovative and sustainable special surface solutions that combine our
expertise in design and materials with their advanced material technologies.
We believe this partnership represents a significant opportunity to drive
innovation and growth in the Italian market and we look forward to shaping a
successful collaboration."
Alasdair Bremner, Alusid's CEO said: "We are delighted to announce our
partnership with 3D Wall Panels Italia as we expand our distribution network
into the Italian commercial market. Their commitment to innovation and
sustainability is evident across their product portfolio, making them a
natural fit for our brand. With strong expertise, market insight, and a prime
location at the heart of Milan's design community, we anticipate this
collaboration will lead to a number of standout projects in the years ahead."
Frontier IP Chief Executive Neil Crabb said: "This agreement provides further
evidence that Alusid's groundbreaking materials have global appeal and the
potential to make inroads into significant markets within European and
elsewhere. It builds on existing international relationships with FRONT
Materials BV in the Netherlands and Starbucks EMEA and strengthens the
Company's position as it continues to explore options for an initial public
offering."
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 / Dan Dearden-Williams
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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