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AXIL Signs Distribution Agreement with Terrang MP-Sec France for Sale of Company's Hearing Protection and Enhancement Products in the European Union
AXILAXIL Brands(AXIL) GlobeNewswire News Room·2024-11-04 21:20

Core Insights - AXIL Brands, Inc. has signed a distribution agreement with Terrang MP-Sec France for exclusive rights to distribute its hearing protection products in several European countries [1][2][3] - The agreement aims to strengthen AXIL's distribution network within the EU and support its global presence, with expectations for growth and enhanced customer support in the region [3] Company Overview - AXIL is an emerging global e-commerce consumer products company that manufactures and markets premium hearing enhancement and protection products, as well as hair and skincare products [4] - The company operates under the AXIL® brand for hearing products and Reviv3® for hair and skincare, selling in the United States, Canada, the European Union, and Asia [4] Distribution Agreement Details - Terrang MP-Sec France will distribute AXIL's product portfolio in France, Belgium, Netherlands, Luxembourg, Denmark, Spain, Portugal, Sweden, Finland, Italy, and Switzerland [2] - The product lineup includes AXIL's hearing performance systems such as GS Extreme 2.0®, XCOR®, XCOR Digital®, and the Trackr™ series [2] Strategic Goals - The CEO of AXIL emphasized that the agreement is part of a strategy to diversify revenue channels in the international market [3] - The collaboration with Terrang MP-Sec France leverages their strong relationships in military, police, and security sectors, enhancing AXIL's distribution capabilities [3]