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Highlights
- Beyond Oil partners with Click Lab AB to distribute oil filtration products in Sweden.
- The agreement targets non-chain and local restaurants to improve food quality and sustainability.
- The partnership supports Beyond Oil's global growth strategy and commitment to eco-friendly practices.
Beyond Oil Ltd. (CSE:BOIL), an innovative food-tech company focused on reducing the health risks associated with fried food while lowering operational costs and minimizing waste, is excited to announce a new distribution agreement with Click Lab AB. The agreement, effective as of January 24, 2025, will see Click Lab AB distribute Beyond Oil’s proprietary oil filtration products to non-chain restaurants and local restaurant chains across Sweden. This strategic partnership will help Swedish restaurants extend the life of their frying oil, improve food quality, and reduce environmental waste, aligning with the global movement towards more sustainable food service practices.
Under the terms of the Distribution Agreement, Click Lab AB will be responsible for distributing Beyond Oil's cutting-edge oil treatment products to local restaurants and chains that do not currently use filtration machines in their operations. The innovative products will allow these establishments to improve the quality of fried foods, enhance sustainability efforts, and cut down on the frequent need for oil disposal, which is both costly and environmentally damaging.
Jonathan Or, CEO of Beyond Oil, commented, "Expanding into Sweden marks an important step in our global growth strategy. This partnership with Click Lab AB allows us to introduce our innovative oil treatment solution to a market that values sustainability and innovation. With Click Lab’s expertise and established distribution network, we are confident in the success of this rollout." This agreement is expected to create significant value for Swedish restaurants while fostering the adoption of Beyond Oil’s technology in the region.
Gal Sakoury, Co-Founder of Click Lab AB, expressed excitement about the new collaboration: "At Click Lab, we are constantly seeking out innovative products that drive real impact. Beyond Oil fits perfectly into our vision, providing an innovative way to improve food quality while reducing environmental impact. We are thrilled to bring this unique technology to Sweden’s restaurant industry, and we look forward to embarking on this exciting journey in partnership with the entire Beyond Oil team in Sweden."
This distribution agreement further strengthens Beyond Oil's global footprint and its commitment to sustainability within the food service industry. The company’s oil filtration products not only improve the operational efficiency of restaurants but also contribute to environmental protection by reducing waste, making them an attractive solution for businesses looking to enhance their eco-friendly practices.
