Sweden-headed electrical pulse technology developer Arc Aroma Pure AB (ArcAroma) has announced that it has signed a cooperation agreement with WISER Group Holdings Inc., to develop the Asian market with a primary focus on the Chinese market for ArcAroma's "CEPT" technology platform.
WISER is a Hong Kong China-based investment and advisory company with the main focus of identifying, advising and investing selective global technology-driven companies with growth potential in the Chinese market. Along with the collaboration process, WISER will help introduce the investee companies’ technology, products, and brands into China, facilitate the local operational establishment and assist relevant prospects into sales.
The investee companies will eventually have full ownership of the subsidiary and the assets jointly developed in China when certain objectives fulfilled. WISER’s unique collaborative model will help accelerate and scale up the business growth in China and increase shareholder value with limited costs and risks.
ArcAroma’s innovative CEPT technology has been proved excellence in selective industries including food oil, juice, biogas, water processing in various European markets, and also identified significant growth potential in other industries such as winery, nutrition, and healthcare. We are pleased to have this opportunity to team up with ArcAroma to accelerate and scale up the commercialization in the Chinese market. We are confident that ArcAroma’s CEPT technology will soon have a good reception at this marketplace. ArcAroma will also have a solid establishment in this region to receive longterm business success in the coming future, said Kevin Chen, Managing Partner of WISER.
ArcAroma and WISER will set up a new subsidiary in Shanghai and both parties invest an equal amount. The investment covers the operational cost for a period of two years. WISER will invest in the shared company and the growth expectation for the ArcAroma’s CEPT technology platform is very high.
The focus will be on sales for all four CEPT applications and ArcAroma Shanghai Ltd has placed an immediate order one CEPT unit for the Chinese EVOO (Extra Virgin Olive Oil) market.
The WISER company has specialized expertise how to make an efficient entrance into the Chinese market. They have for several years assisted several companies with proven success. This is a good opportunity to accelerate growth combined with the great market potential for all four applications in China, said Johan Möllerström, CEO of ArcAroma.
