Sprintex (ASX:SIX) has announced a major distribution agreement with Air End Repair Ltd in the UK. The agreement includes a minimum order commitment of A$17.5 million over five years. This partnership is part of Sprintex's strategy to expand its presence in Europe's industrial air solutions market, leveraging its energy-efficient blower technology.
Sprintex Limited has entered into a significant distribution agreement with the UK-based Air End Repair Ltd, securing a minimum order commitment of A$17.5 million over five years. This deal is a key component of Sprintex's strategy to expand its footprint in Europe, focusing on the growing demand for energy-efficient industrial solutions. The partnership is expected to strengthen Sprintex's market position, leveraging the advanced features of its G Series Blowers. Sprintex's strategic collaboration with Air End Repair Ltd, who will become the exclusive distributor in the UK, aligns with their broader goal of capturing market opportunities in Europe and beyond. The agreement is anticipated to contribute positively to Sprintex's financial performance, ensuring a secured revenue stream over the coming years.
The partnership with Air End Repair Ltd is a transformative step for Sprintex in addressing the growing demand for energy-efficient solutions in the UK,' said Jay Upton, Managing Director of Sprintex. 'We are thrilled to collaborate with Air End Repair Ltd, a company that shares our commitment to performance and sustainability,' added David Warren, Managing Director of Air End Repair Ltd.