BAYN EUROPE HAS RECEIVED ITS FIRST ORDER FROM THEIR NEW GREEK DISTRIBUTOR

Paxman, a production and distribution company placed an order worth 11500 EUR to meet their current customer demand for Bayn Europe’s ingredient solutions for sugar reduction.

In February 2017, Bayn Europe and Paxman signed a letter of Intent confirming their common goal of an increased presence and strengthened Bayn trademark in Greece. Paxman are specialists in solutions and ingredients for the beverage industry.

This ingredient solutions order is scheduled for immediate delivery. It will be used in beverage applications with a target product launch during Q2 2017.

“We are pleased that our cooperation with Paxman has already lead to results and we look forward to hearing consumers feedback. The beverage industry is one of the biggest potential markets for sugar reduction. This cooperation creates the ideal conditions for future growth,” says Lucy Dahlgren, MD Bayn Europe.

About Bayn Europe:
Bayn Europe is an independent supplier of cutting edge and healthy sugar reduction solutions for the food and beverage industry. Bayn’s ingredient solutions from natural sources, refined through scientific research and extensive market experience, facilitate new healthier formulations and total solution focused on taste and texture to help food and beverage companies around the world reduce sugar and calories in their products. Bayn Europe was founded in 2009 in Stockholm, Sweden, and is listed at Nasdaq Stockholm, First North, since 2014.

Mangold Fondkommission AB is Bayn’s certified adviser. Telefon +46-8-5030 1550.

For more information, please contact Lucy Dahlgren, Managing Director Bayn Europe AB, e-mail ld@bayn.se

Denna information är sådan information som Bayn Europe AB är skyldigt att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades, genom ovanstående kontaktpersons försorg, för offentliggörande den 28 mars 2017 kl. 16.55 CET.

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