06:01:44 EST Sun 23 Feb 2020
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
GBLT Corp
Symbol GBLT
Shares Issued 112,525,619
Close 2020-01-21 C$ 0.055
Recent Sedar Documents

GBLT begins supplying third German drugstore chain

2020-01-21 17:04 ET - News Release

Dr. Thilo Senst

GBT GMBH NOW SUPPLIES ALL OF THE TOP THREE DRUGSTORE CHAINS IN GERMANY

GBLT Corp.'s wholly owned subsidiary, GBT GmbH, has started to supply the biggest of the three drugstore chains in Germany (with more than 3,000 stores in Europe) with private-label batteries. While GBT is already the main private-label battery supplier for two of the three biggest drugstore chains in Germany (with more than 4,500 stores in Europe), GBT now added the third and biggest chain to its customer list.

Drugstore chains are still one of the few growing retail chains in Europe and their articles are getting more and more important to the customer. GBLT is very pleased that GBT now supplies all three key players, which cover more than 90-per-cent market share in Germany.

"Our long-term strategy, to focus on best quality combined with a competitive price, is paying off. The quality demand for private-label batteries has significantly picked up over the last years. It was always an important part of our strategy to build a reputable name and focus on offering high-quality products," says chief executive officer Dr. Thilo Senst.

About GBLT Corp.

GBLT, indirectly through its operating company GBT, is a diversified lighting and battery company, and the official licensee for Polaroid light products (LED and all other lighting technology including retail and projects), Kodak energy storage systems (mobile and fixed systems) and Agfaphoto mobile energy products (such as batteries).

We seek Safe Harbor.

© 2020 Canjex Publishing Ltd. All rights reserved.