ADDvise Group signs an agreement with a distributor in the Middle East with an expected value of 4 MSEK

ADDvise subsidiary Sonesta and Surgical Tables, with most of its
operations in North America, has signed an agreement with AlphaPro, a
Lebanese distributor for sales in the Middle East and North Africa.
These are new markets for both Sonesta and STI. The agreement opens for
new international sales and are in line with the company\'s ambition to
establish the two companies product lines in new markets.  


North America and especially the Middle East are markets which in recent
years have shown a strong purchasing power for both mobile examination
table and products for urology and gynecology. We are very pleased to
have signed a contract with just AlphaPro, who is a distributor with
good contacts in the current market and with extensive experience in
this type of sales, says Erland Pontusson, Senior Vice President ADDvise
Group.

The agreement is expected to reach 4 MSEK, during the years 2016 -2017.

 

For further information, please contact:

Rikard Akhtarzand, CEO, +46 765-25 90 71

rikard.akhtarzand@addvisegroup.se

www.addvisegroup.com

 

About ADDvise Group AB

ADDvise Group AB (publ) is an expansive group which through its
subsidiaries IM-Medico Svenska AB, KEBO Inredningar Sverige AB, ADDvise
Tillquist AB, Sonesta Medical AB, Sonesta Medical Inc and Surgical
Tables Inc offers comprehensive solutions in the form of products and
services to healthcare and research facilities. ADDvise Group\'s
customers are located in both the private and public sectors. The
Company\'s share is listed on First North Premier and Mangold
Fondkommission AB, +46 8-503015 50, is the company\'s Certified Adviser
and liquidity provider.