Innovasians and United Pepper sign a memorandum of understanding (MOU)
Innovasians and United Pepper have signed an MOU with regards to a strategic collaboration.
This MOU is a precursor to a strategic alliance between both parties under discussion since some time now and targeted to be concluded by september 30th, 2010.
The MOU sums up 7 fields of collaboration covering different parts of the value chain of both companies:
1. United Pepper will manage, control and distribute products and services from Innovasions in Europe, Middle East and Africa. As such United Pepper is the strategic partner of Innovasians for this territory;
2. Innovasians will manage, control and distribute products and services from United Pepper in Asia. As such Innovasians is the strategic partner of United Pepper for this territory;
3. Innovasians will define and source materials and/or substances that are photodegradable, oxo-degradable, biodegradable and/or compostable and redesign and develop products for United Pepper;
4. United Pepper will outsource manufacturing of its products to Innovasians’ manufacturing partners;
5. Innovasians will outsource manufacturing of its products to United Pepper’s manufacturing partners;
6. Both parties will define a strategy of co-branding going forward;
7. Both Parties will form a think tank to design and deliver common products and services to the market
“This MOU is a great leap forward, amongst others with regards to the sourcing of
natural and bio-degradable materials for our company”, said Jean-Pierre d’Haese,
owner and managing partner of United Pepper. Miss Lizette Smook, CEO of
Innovasions, commented: “The collaboration with United Pepper will bring both
parties new opportunities, both from a commercial point of view as from aproduction point of view”.
Innovasians Ltd is a Hong Kong based development and manufacturing company,
specializing in the eco-friendly and sustainability sector. We focus on design and
specialist sourcing solutions for sustainable consumer household and lifestyle
products. Innovasians Ltd is in it’s third year of operation and is independently
owned. Its focus today is global and the company seeks collaboration with strategic
partners to extend its operations and coverage. The MOU with United Pepper is
extending the operations into Europe and the US. The Innovasians team is defined
as leaders in eco and sustainable products supporting Biodiversity.
technology related products that have a minimal ecological footprint compared with
traditional technology products. The company is in its first year of operation and is
independently owned. Its focus today is Europe, Middle East and Africa and the
company seeks collaboration with a number of partners to extend its operations and
coverage. The MOU with Innovasians is extending the operations into Asia and the US.
You can reach United Pepper at :
firstname.lastname@example.org or visit the website at http://www.unitedpepper.org
Press Relations: email@example.com .