Frontier IP Group PLC (AIM:FIPP) portfolio company Alusid has signed its first international distribution agreement.
Dutch sustainable building materials firm FRONT Materials has been awarded exclusive rights to distribute Alusid's wall and floor tile ranges in the Netherlands.
FRONT will also be able to distribute to the rest of Europe and the US on a non-exclusive basis.
Formerly known as StoneCycling, FRONT launched a brick made from recycled materials called WasteBasedBrick in 2015, the BioBasedTile in 2022 and CornWall in 2023
Ward Massa, FRONTs' chief executive, said: "For nearly a decade, we have advocated for sustainable materials in architecture and construction, building a strong client base across Europe and the US for products like WasteBasedBricks and BioBasedTiles.
"Expanding our portfolio through strategic partnerships is key to our growth, and our collaboration with Alusid aligns perfectly with this vision."
Alasdair Bremner, Alusid's CEO, added: "'This agreement marks an exciting milestone in our international growth strategy. We are delighted to be working with industry pioneers Front Materials and are confident their expertise and market presence will help Alusid enter these key markets.
Frontier IP CEO Neil Crabb also commented: "Alusid is helping to address issues around the sustainable use of materials and carbon emissions of concern to consumers and the building industry worldwide.
"We believe the company's innovative surfaces, and wall and floor tiles, have the potential to achieve significant market share globally in the sustainable materials area. This agreement with Front Materials provides further, strong validation of Alusid's approach."
Alusid, which already supplies Topps Tiles PLC (LSE:TPT) in the UK and Starbucks EMEA is 35.4% owned by start-up investor Frontier.
The group's sustainable wall and floor tiles are made either wholly or near-wholly from recycled industrial waste and have a significantly lower carbon footprint than equivalent tiles.