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Regulatory press release

OrganoClick AB: OrganoWood enters distribution agreement with Carl Götz in Germany

OrganoClick
Read the release

[OrganoWood trall]

Carl Götz is a leading German distributor of wood and wood based products. The company has a total of 15 distribution centers and warehouses throughout Germand and supplies leading building suppliers and DIY-stores in Germany, Austria and Switzerland.

"Carl Götz is looking forward in starting sales and distribution of OrganoWood®-wood in the German, Austrian and Swiss market. We believe OrganoWood® can be an attractive alternative for many consumers and professional building companies", says Max Zumsteg, CEO, Carl Götz. 

Since 2012, OrganoWood®-wood has been manufactured and sold in Sweden. OrganoWood®-wood is today sold as:  
  • OrganoWood® timber decking
  • OrganoWood® construction wood
  • OrganoWood® poles
  • OrganoWood® cladding

OrganoWood® is based on a silicon mineral impregnation technology which enhances the durability and fire retardancy of the wood without the use of biocides and toxic heavy metals. In the Nordics, the wood is sold to both consumers and professional construction companies through a large network of building suppliers and DIY stores.

OrganoWood has currently distribution agreements for several European countries, now also including Germany, Austria and Switzerland.

"We look forward in starting our expansion into the German, Austrian and Swiss markets through the collaboration with such a well renowned distributor as Carl Götz. We believe these markets offers great growth opportunities for OrganoWood and our partners during many years", says Jens Hamlin, CEO, OrganoWood AB.

........................................................................................

For more information, please contact:

Mårten Hellberg, CEO

0707 - 16 48 90, marten.hellberg@organoclick.com

……………………………………………………………………………………………………………………………………………………………….

About OrganoClick

OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North Growth Market. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the durable water repellent technology for textiles OrganoTex®, the biocomposite material OrganoComp®, surface treatment and maintenance products for villa and property owners under the brand BIOkleen®, biobased binder under the trade name OC-BioBinder™ and the flame and rot-resistant timber OrganoWood® (through the joint-venture OrganoWood AB). OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start -up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award, listed as a SUSTAINIA100 company and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.

The information was published, of the contact person above, 6 November 2019 at 15:55.

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