HeiQ PLC (GB:HEIQ) has released an update.
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HeiQ Plc has announced a five-year distributor agreement with Ecolab Inc. to supply its innovative HeiQ Synbio Cleaners. The deal, which solidifies HeiQ’s position in the market with a €1.8 million upfront payment and potential minimum revenues of €11 million over five years, grants Ecolab exclusive distribution rights in the EU, EFTA countries, and the U.K. The partnership aims to co-develop sustainable cleaning solutions that meet evolving regulatory and customer demands.
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