EDMONTON, Alberta—Ceapro Inc. completed a new marketing partnership and distribution agreement with U.K.-based firm, Oat Cosmetics Ltd. The agreement encompasses all of Ceapro's current range of all-natural active ingredients.
Oat Cosmetics supplies 100-percent natural, traceable cosmetic ingredients. The company recently announced the global launch of its first products, including Ceapro Oat avenanthramides, and plans to extend its portfolio with the launch of other ingredients (including Ceapro Oat Beta Glucan, as well as enhanced formulations of Ceapro Oat Peptides and Ceapro Sweet Blue Lupin Peptides).
“We anticipate the combination of Ceapro's products and Oat Services strengths in marketing and formulation in the U.K. market will provide the foundation for a very successful long-term partnership,” said Cark Maunsell, managing director of Oat Cosmetics.
Ceapro president and acting CEO, Gilles Gagnon reaffirmed the Company's growth strategy of international market expansion. "We are very pleased to team up with Oat Cosmetics, which has made a significant investment in marketing and formulation services in support of the launch,” he said. “This is a step forward in implementing our new strategy of partnering with notable regional and market sector specialists."
