- Wellness and Beauty Solutions’ (WNB) subsidiary The Giving Brands Company has been appointed by Novalent as its exclusive distributor of Novalent Shield+
- This partnership will see The Giving Brands act as the exclusive distributor of Novalent Shield+ to retail customers in Australia and New Zealand
- Novalent Shield+ is an alcohol free hand sanitiser which works by forming an invisible waterproof microbiostatic layer which slows down the growth of bacteria
- The distribution agreement is for an initial one-year term with the option to extend for a further two subject to a minimum purchase being met
- WNB is up 25 per cent with shares trading for 0.8 cents each
Wellness and Beauty Solutions’ (WNB) subsidiary The Giving Brands Company has been appointed by Novalent as its exclusive distributor of Novalent Shield+.
This partnership will see The Giving Brands act as the exclusive distributor of Novalent Shield+ to retail customers in Australia and New Zealand.
Novalent Shield+ is an alcohol free hand sanitiser that works by forming an invisible waterproof microbiostatic layer that slows down the growth of bacteria.
It is long lasting and won’t come off as hands are washed, only when the skin sheds.
The distribution agreement is for an initial one-year term with the option to extend for a further two subject to The Giving Brands achieving a minimum purchase.
“This is a very exciting product that provides an alternative for families and people looking for a single daily application sanitiser product,” Managing Director Christine Parkes commented.
“Adding Novalent Shield+ to our brand portfolio is all about providing consumers with options and seeking to secure more shelf space with existing and new retailers. We consider Novalent Shield+ a complementary product to our existing MICRO19 hand sanitiser range,” she added.
WNB has ended the day a healthy 25 per cent in the green with shares trading for 0.8 cents each in an $8.089 million market cap.