Source: Marketscreener

Arctic Bioscience : Arctic Bioscience and Kotler Investment Ltd. Sign Term Sheet to Establish Joint Venture Operation

Arctic Bioscience and Kotler Investment Ltd. have signed a term sheet to establish a joint venture operation to commonly develop the Chinese and Southeast Asian markets together to truly realize the business potential. The key terms of the term sheet: Arctic Bioscience to become minority owner in the China and Southeast Asia sales operation; Attract growth capital and business partners in Asia to extend the distribution of ROMEGA products in the region; Strengthen the ROMEGA brand in China and Southeast Asia; Gather all the specific IP for China and Southeast Asian markets under the Joint Venture. Arctic Bioscience and Kotler Investment Ltd. have signed a term sheet to establish a joint venture operation to commonly develop the Chinese and Southeast Asian markets together to truly realize the business potential. The key terms of the term sheet: Arctic Bioscience to become minority owner in the China and Southeast Asia sales operation; Attract growth capital and business partners in Asia to extend the distribution of ROMEGA products in the region; Strengthen the ROMEGA brand in China and Southeast Asia; Gather all the specific IP for China and Southeast Asian markets under the Joint Venture.

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Annual Revenue
$100K-5.0M
Employees
1-25
Christer L. Valderhaug's photo - CEO of  Arctic Bioscience

CEO

Christer L. Valderhaug

CEO Approval Rating

- -/100