HomeBiogas is Expanding its Activity in South America
HomeBiogas has signed exclusive distribution agreements with companies in Peru and Chile for a period of 2 years, in which each of distributors agreed to purchase a minimum order quantity amounting to 450,000$ each.
HomeBiogas, which develops, manufactures and markets biogas systems for the private and institutional market, announced today that it has signed exclusive distribution agreements with a company in Peru and a company in Chile.
Each of the distribution agreements were signed for a period of 2 years, during which each of the companies undertook to purchase a minimum order quantity amounting to 450,000$. The distributors already placed their first order amounting to approximately 78,500$.
Oshik Efrati, CEO of HomeBiogas: We are pleased to share our most recent update on the expansion of our activity in South America, following other agreements that were recently signed in Colombia and El Salvador. The agreements we signed today are aligned with our company mission and strategy, and we look forward to signing additional agreements with the aim of expanding the scope of our activities at an international level and becoming leaders in our field.
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