SaverOne Announces First Distribution Agreement In The United States With A Leading Trucking Company, Motor Supply; Motor Supply Has Been Granted Exclusive Rights In 10 U.S. States To Sell, Install, And Support SaverOne's Solution
Portfolio Pulse from Benzinga Newsdesk
SaverOne 2014 Ltd. has signed a distribution agreement with Motor Supply Inc., granting exclusive rights in 10 U.S. states to sell, install, and support SaverOne's transportation safety solutions. This deal includes a commitment for at least 37,600 installations over the next five years.
September 26, 2024 | 12:10 pm
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SaverOne 2014 Ltd. has entered the US market through a distribution agreement with Motor Supply Inc., ensuring a minimum of 37,600 installations over five years. This strategic move could significantly boost SaverOne's market presence and revenue.
The agreement with Motor Supply Inc. marks SaverOne's entry into the US market, a significant expansion opportunity. The commitment to 37,600 installations over five years suggests a steady revenue stream and increased market penetration, likely positively impacting SVRE's stock price.
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