Infusion Brands International Builds Distribution Alliance With Varo
20 4월 2012 - 10:48PM
Infusion Brands International (INBI.PK) – a global consumer
products company – continues to expand its presence in the European
market through its most recent global distribution alliance with
Varo. This private label and co-branding license agreement grants
distribution rights for the DualSaw technology through several of
Varo's most successful retail partners.
DualSaw, an engineering wonder with two blades that
simultaneously rotate in opposite directions, has become one of the
most successful products launched via direct response television
since Infusion Brands took over product distribution in 2009. Varo
first became interested in the innovative consumer product after
seeing it on exhibition at the recent International Trade Fair in
Cologne, Germany. Varo is a leading distributor of power tools in
Europe. This agreement provides Varo with an exclusive distribution
agreement for certain retailers worldwide, including Aldi, Aldi
International and Lidl, representing more than 18,000 stores. This
agreement also allows for additional retail and geographic
distribution channels in the future. "Infusion Brands has a history
of quickly 'going global' with successful products," said Bob
DeDecco, Chairman and CEO of Infusion Brands. "This new alliance
with Varo will translate into instant distribution of our DualSaw
technology throughout much of Europe faster than if we were to move
forward on our own. We're excited to partner with a company with a
long history of success in the consumer products market and deep
experience in the do-it-yourself segment, and we look forward to
future collaborations with Varo." Infusion Brands is working behind
the scenes on research and development for DualSaw product
enhancements and product line expansions which have already been
identified as future distribution opportunities between Varo and
Infusion Brands. "When we saw the DualSaw technology at the
International Trade Fair in Germany last month, we knew immediately
that it was a game changer, representing the highest level of
quality in this category with multiple competitive advantages,"
said Luc Croonen, Purchase Director for Varo. "Not only is the
innovative technology behind DualSaw itself extraordinary, but the
product development the folks at Infusion Brands are working on
will provide a scalable revenue channel for us both over the long
term." Infusion Brands recently announced similar distribution
alliances for DualSaw with Brand Developers in Australia and New
Zealand, A-tech Maskin in Sweden, and BEST PPUH in Poland.
About Infusion Brands International, Inc.
Infusion Brands International, Inc. (INBI.PK) is a consumer
products company that leverages direct response to satisfy unmet
market demands and solve everyday problems, with an array of
innovative consumer products that have potential to disrupt their
categories with significant competitive advantages, features and
benefits. With physical offices in North America, Europe and Asia,
Infusion Brands has worldwide reach and capability. For more
information, visit www.infusionbrands.com.
About Varo
Varo is a specialist with over 50 years of experience in the
global distribution of do-it-yourself products. The company offers
a wide range of power tools, garden tools, hand tools and
accessories under its own brands – Varo, Power Plus and Kreator –
or under private labels. For more information, visit
www.varo.com.
CONTACT: Leah Knepper
French/West/Vaughan
919.277.1176
lknepper@fwv.us.com
Infusion Brands (CE) (USOTC:INBI)
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