M&A Activity • Mar 15, 2019
M&A Activity
Open in ViewerOpens in native device viewer
StrongPoint ASA: Reseller agreement in Southeast Asia
StrongPoint has entered into an exclusive partnership with Radiant Globaltech
granting them the rights to sell, market and support the whole solution
portfolio of StrongPoint in the Southeast Asian region.
Radiant Globaltech, publicly listed on the Malaysian stock market, is a total
solutions provider focusing on the retail industry. They work with some of the
region's most prominent retail customers.
"Our collaboration with Radiant Globaltech goes back several years", says SVP
Global Partners, Roine Gabrielsson. "They are an established solution provider
in several Asian countries, and with them as a strategic partner, we will gain
not only better geographical reach but also adding capabilities to ensure
success in our current a future roll-outs in the region".
Radiant Globaltech's managing director Paul Yap Ban Foo said "The agreement is a
vote of confidence in the group's ability to market and sell retail technology
solutions in the Southeast Asia region, having established a strong market
presence and effective distribution channels across the region. This would
enable us to gain a bigger market share in the region going forward."
The agreement grants an exclusive right for reselling StrongPoints technology
and solutions for a period of 24 months, starting from March 15, 2019.
For additional information please contact:
Hilde Horn Gilen,
CFO, StrongPoint ASA
Phone +47 920 60 158
About StrongPoint:
StrongPoint's mission: Driving Retailers' productivity by providing innovative
integrated Technology Solutions enabling retailers to perform to their full
potential.
StrongPoint has its headquarter at Rælingen, and has approximately 540 employees
in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain, Russia and
Malaysia. StrongPoint has the ticker "STRONG" on Oslo Stock Exchange. For
further information: www.strongpoint.com
This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.