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Frontier IP ( (GB:FIPP) ) has shared an announcement.
Frontier IP Group’s portfolio company Alusid Limited has signed its first international distribution agreement with FRONT Materials B.V. This partnership allows FRONT to exclusively distribute Alusid’s sustainable tiles in the Netherlands and non-exclusively in Europe and the US. This deal highlights the global potential of Alusid’s eco-friendly products, which are made from recycled industrial waste and have a significantly lower carbon footprint than traditional tiles. With existing clients like Topps Tiles and Starbucks EMEA, and talks with other distributors ongoing, Alusid is poised to expand its market presence in sustainable building materials.
More about Frontier IP
Frontier IP specializes in commercializing intellectual property with a focus on innovative and sustainable building materials. Their portfolio includes Alusid Limited, which creates premium tiles from recycled industrial waste.
YTD Price Performance: -6.79%
Average Trading Volume: 85,645
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £16.19M
See more data about FIPP stock on TipRanks’ Stock Analysis page.
