ELGEKA S.A.
DISTRIBUTION AGREEMENT BETWEEN ELGEKA S.A. & IMANCO S.A.
ELGEKA S.A. would like to notify the investing public that today, on the 26th of May, it signed a three year agreement with the company IMANCO S.A. for the exclusive trade and distribution of all IMANCO products in the Greek territory and specifically at wholesalers, Super-Markets and retailers except from chandleries and gift shops.
Starting on the 1st of June, ELGEKA S.A. will undertake the sales, trade-marketing, marketing, logistics and merchandising of the following IMANCO products: candles (standards, scented, decoration, floating, garden, specialty, church accessories), incenses, aromatic oils, paraffin oils - lamps - lanterns, cotton, candles studio linea, toothpicks and party accessories.
The above mentioned agreement will benefit the turnover of ELGEKA and consequently of ELGEKA GROUP by 3.000.000 Euros annually.
Starting on the 1st of June, ELGEKA S.A. will undertake the sales, trade-marketing, marketing, logistics and merchandising of the following IMANCO products: candles (standards, scented, decoration, floating, garden, specialty, church accessories), incenses, aromatic oils, paraffin oils - lamps - lanterns, cotton, candles studio linea, toothpicks and party accessories.
The above mentioned agreement will benefit the turnover of ELGEKA and consequently of ELGEKA GROUP by 3.000.000 Euros annually.