sur AMOEBA (EPA:ALMIB)
Amoéba signs an agreement with Metron Technology to enter the Chinese cosmetics market
Amoéba, a French company specializing in microbiological solutions, has signed a memorandum of understanding with Metron Technology, a subsidiary of the Oriental Beauty Valley (OBV) group in China. This partnership aims to approve and distribute a natural cosmetic ingredient in China.
Shanghai-based Oriental Beauty Valley is a recognized hub supported by the Chinese government for the development of the cosmetics sector. With over 1,000 companies, OBV will provide Amoéba with a favorable environment for innovation and compliance with local regulatory standards.
This partnership marks a strategic step forward for Amoéba, which is preparing to strengthen its presence in the Chinese market, estimated at $85 billion. The company hopes to convert approval in China into global opportunities with high margins.
R. P.
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