ECONOMY

Bayn-Paxman distribution partnership expanded

Bayn-Paxman distribution partnership expanded

Stockholm-based Bayn Europe AB said on Wednesday it has undersigned two letters of intent (LoI), expanding its distribution partnership for its sugar reduction solutions in Switzerland and Greece.

Its partners are a Swiss and a Greek company, Prochem AG and Paxman respectively.

Both LoI include distribution of Bayn solution product EUREBA and are effective from January 2017 for an initial period of up to six months.

[Reuters]

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