12th Dec 2019 14:56
(Alliance News) - Tekcapital PLC on Thursday said its 98%-owned portfolio company Salarius Ltd has secured an agreement with a national food ingredient broker, Accurate Ingredients Inc, to market MicroSalt in the US.
MicroSalt is a salt that dissolve in the mouth "faster than regular salt".
The investment company said the agreement with Accurate Ingredients complements Salarius existing sales strategy.
"We are very excited about our collaboration with Accurate Ingredients and working with their experienced and highly trained team to accelerate sales and to raise the profile on our value proposition. Salarius will be working with the Accurate Ingredient team in several geographic areas across the US," said Victor Manzanilla, chief executive of Salarius.
Tekcapital shares were trading 2.3% lower in London on Thursday at 5.25 pence each.
By Evelina Grecenko; [email protected]
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