Core Points - Beyond Oil Ltd. has signed an exclusive distribution agreement with Baruchi Global Capital for its proprietary oil filtration product in Mexico, securing a licensing fee revenue of US$150,000 for 2025-2026 and an initial product order of 10.8 tonnes [1][2][3] Group 1: Agreement Details - The agreement, effective for five years, grants Baruchi Global Capital exclusive rights to market and sell Beyond Oil's product to local restaurants, hotels, and catering companies in Mexico [2] - Baruchi Global Capital has committed to a total licensing fee of US$150,000 for the years 2025 and 2026, with structured provisions for annual fees in subsequent years [2] - The initial order of 10.8 tonnes has already been placed and payment has been received by Beyond Oil [2] Group 2: Strategic Importance - The expansion into Mexico is viewed as a significant milestone in Beyond Oil's global growth strategy, leveraging Mexico's vibrant food service industry [3] - Baruchi Global Capital is seen as a strong partner due to its extensive resources and commitment to sustainability and strategic growth in the Mexican market [3] Group 3: Company Background - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while enhancing sustainability and reducing operational costs [4] - The company's patented technology addresses health concerns related to the reuse of frying oil, which is common in various food service settings [4] - Beyond Oil's product aims to mitigate health risks linked to reused oil, offering benefits such as improved food quality and reduced environmental impact [4] Group 4: Baruchi Global Capital Overview - Baruchi Global Capital specializes in consumer goods distribution, operating in wholesale and e-commerce channels [5] - The company focuses on operational efficiency and strategic business relationships to deliver value to its clients [5]
Beyond Oil Announces Exclusive Distribution Agreement in Mexico with Baruchi Global Capital
Globenewswireยท2025-05-29 12:30