Core Points - Reeflex Solutions Inc. has entered into an exclusive distribution agreement with Roch IB Corp. for the marketing and sale of its products in South America [1][2] - The agreement grants Roch IB the exclusive rights to market and sell downhole tools, coiled tubing injectors, associated equipment, and mobile coiled tubing units [2] - The initial term of the agreement is 12 months, with automatic renewals for successive 24-month periods unless terminated by either party [2][3] - There are no minimum purchase obligations in the agreement, and products will be supplied under CSI's standard terms of sale [3] - The agreement allows for termination by either party under specific conditions, including breach or insolvency [4] Company Information - Reeflex Solutions Inc. is a public company providing advanced engineering and manufacturing solutions across various industry sectors, particularly in the oil and gas sector through its subsidiary Coil Solutions Inc. [6] - Coil Solutions Inc. specializes in coil tubing injectors and downhole tools, while the manufacturing division, Ranglar Manufacturing, focuses on custom-designed mobile equipment for industrial applications [6] - Roch IB Corp. is a privately-held Canadian company with interests in real estate, oil and gas, and sustainable energy, operating in both Canadian and international markets [5]
Reeflex Solutions Inc. Announces Exclusive Distribution Agreement in South America
Globenewswireยท2025-09-17 11:00