Brief: Intellego Enters Exclusive Collaboration With European UV Curing Company

Intellego Technologies AB

23/11/2022 09:35

Nov 23 (Reuters) - Intellego Technologies AB  INTE.ST :
    * INTELLEGO AND GLOBAL UV CURING COMPANY AGREE ON EXCLUSIVE
COLLABORATION
    * AGREEMENT IS EXPECTED TO BE IN PLACE BY MID-2023, NAME OF
COMPANY WILL WILL BE COMMUNICATED TO MARKET
    * CONTRACT PERIOD WILL INITIALLY BE 3-5 YEARS
    * MINIMUM VOLUMES UNDER EXCLUSIVITY WILL AMOUNT TO ORDER
VALUE OF
SEK 165 MILLION PER YEAR AFTER 3 YEARS
    * ORDER VOLUME WILL BE INCREMENTAL IN THE FIRST YEARS

Source text for Eikon:  ID:nMFNc93XYP 
Further company coverage:  INTE.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))