Summary:
Sound Bulgarian producer of food supplements with markets in some ten countries is looking for partners in France and Canada. Envisaged cooperation under distribution services agreement.
Description:
The company was founded in 1999 in Sofia, Bulgaria. Its main activity is development and production of standardized herbal extracts, biologically active dietary supplements. The portfolio contains unique dietary supplements based on rare remedial herbal extracts. They are for the following applications: Bodybuilding, sport, energy and vitality enhancers, improving of strength and muscle growth, sexual enhancers for men and women, improving of men potency and libido, products enhancing the concentration and in cases of mental exhaustion, products improving the immune system, hepatoprotector.
The company applies strictly GMP+, and its food supplements contain only natural herbs. It is written on the label the full actual content of its products, and there are no labels claiming “proprietary blends” without sufficient information for the client to know what they actually get. On the opposite, they try to supply the clients with as much information as possible in order to be able to make the right choice and choose the best for the value of money they are willing to pay.
The most of the investments are directed to research and development, which brings the highest quality of the products. This is laid down in the corporate strategy for long-term sustainable development.
Under distribution services agreement the company will provide comprehensive information, advertising materials and online consulting. In some cases, the company may participate in fairs, exhibitions and conferences jointly with the partner. Also, the company may take part in meetings with key customers.
The partner is expected to have already developed network of appropriate contacts. The distributor should be fully aware of the capabilities of the market, and will cover the marketing costs for the promoting of our products on the local market.
Locally, company sales food additives online and in specialized shops. Feed additives are sold directly to producers of feed mixtures, both locally and internationally.
The company has aleady established partnerships in cca. 10 countries. According to a conducted study, French and Canadian markets are promising. This is the reason for their partners search on the selected markets.
The client ha already engaged in trans-national cooperation in Czech Republic, Slovakia, Germany, Austria, Hungary, Turkey, SE Asia etc.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
Experienced distributors in food additives with wide variety of application – from sport and fitness to healthcare products. Online platforms are also welcome. The partners are supposed to be fully aware of the capabilities of the market. The distributor will cover the marketing costs for the promoting of products on the local market. The partner will select different distributor options, on the basis of market knowledge and potential. In case of online sales, the partner is supposed to provide level play ground with similar suppliers and products.
The partner will select different distributor options, on the basis of market knowledge and potential. In case of online sales, the partner is supposed to provide level play ground with similar suppliers and products.
It could be small and medium–sized enterprises (SMEs) with less than 10 employees, with 11–50, with 51–200 employees. They could be bigger companies with 251–500 employees or with more than 500 employees. It could be also multinational enterprise (MNEs) with 500 employees or more.
Stage of Development:
Already on the market
Comments Regarding Stage of Development:
The company has aleady established partnerships in cca. 10 countries. According to a conducted study, French and Canadian markets are promising. This is the reason for their partners search on the selected markets.
IPR Status:
Secret Know-how
External code:
BOBG20210112001
