Tekcapital Plc’s portfolio company inks distribution pact with Gehring-Montgomery Inc.

  • Sep 16, 2020 BST
  • Team Kalkine

 

Tekcapital Plc’s (LON: TEK) portfolio company Salarius Ltd. has inked a distribution pact with Gehring-Montgomery Inc.

  • Salarius, the developer and manufacturer of MicroSalt®, a proprietary low-sodium salt, has added another dimension to the MicroSalt strategic sales plan that includes, working with "best in class" sales partners to increase revenue and brand awareness.
  • As per the agreement, Gehring-Montgomery Inc, a leading distributor of food and raw materials will expand B2B sales of Microsalt® across the United States.
  • On 16 September 2020, at the time of writing, GMT 14:35 PM, TEK shares were trading at GBX 12.75, up by 2.75 points or 27.50% against the previous day closing price.

 

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