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Tekcapital welcomes marketing agreement for portfolio company Salarius

Accurate Ingredients was brought on board to help sell Salarius' Microsalt, which contains 50% less sodium than regular salt

Tekcapital PLC -

Tekcapital PLC (LON:TEK) has hailed an agreement made between its portfolio company Salarius Ltd, and a food ingredient broker, to market Microsalt in US.

In an update on Thursday, the intellectual property investor, which owns a 97.5% stake in Salarius, said that Accurate Ingredients was brought on board to help sell Microsalt, Salarius' product which contains 50% less sodium than regular salt.

Tekcapital noted that over 20 new potential customers are in the process of testing and evaluating the use of Microsalt on their products.

Dr Clifford Gross, executive chairman at Tekcapital, said: "We are glad to see the expansion of Salarius' go to market effort to several important geographical markets in the United States with its first national food ingredient broker."

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Price: 6.1 GBX

LSE:TEK
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Market Cap: £3.89 m
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