Breakthrough for Superba™ Krill in China

March 22, 2011 12:06

Aker BioMarine has signed a major agreement with a Chinese manufacturer of dietary supplements with strong distribution capabilities in China. In the five year agreement, Aker BioMarine will be the exclusive supplier of krill products to the customer. The customer will launch SuperbaTM Krill into several channels in the Chinese market, reports with reference to Aker Biomarine.

The customer has committed to purchase minimum 230 tons of SuperbaTM Krill over the five year contract. This volume is likely to ramp up over time.

"This is a breakthrough for us in Asia, and particularly in China. We now get a strong partner with local presence and knowledge, broad reach and resources to build the SuperbaTM Krill market in China says Matts Johansen, Executive Vice President, Aker BioMarine.

Delivery to the customer will start as soon as they obtain import license. The agreement follows Aker BioMarine`s systematic work towards the Asian market over the last year.

For further information, please contact:
EVP Sales & Marketing, Matts Johansen, Aker BioMarine, +47 916 30 120
CEO, Hallvard Muri, Aker BioMarine, +47 24 13 00 00

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