Byotrol seals seven year deal with Kimberly-Clark

HYGIENE pioneer Byotrol has revealed a “landmark” seven-year licensing agreement with Kimberly-Clark Corporation, the US personal and healthcare products giant.

The AIM-listed Warrington company which is named after its anti-microbial product, did not disclose financial terms of its agreement of the deal with the group with whom it has been working for several months.

The long-term deal follows the successful completion of a joint development agreement with a then un-named Fortune 150 company, announced in late January.

Byotrol said: “The new, seven-year contract is global in scope, with some exceptions including certain EU markets, and provides Kimberly-Clark exclusive intellectual property rights.”

Kimberly-Clark supplies its brands – the most famous being Kleenex – to more than 175 countries.

Byotrol chairman Ralph Kugler said: “This is a landmark agreement for Byotrol.  It realises a central tenet of our strategy by partnering with a global consumer-focused company.

“We are delighted to have worked so closely with a company as respected as Kimberly-Clark in arriving at this significant result, and we appreciate the commitment to Byotrol that Kimberly-Clark has shown from the earliest stage.”

Chief executive Gary Millar, added: “The successful conclusion of the initial phase of the relationship with Kimberly-Clark is a considerable endorsement of the Byotrol technology.

“This collaboration has been a significant step in developing Byotrol technology and we see this as a starting point to explore further potential.
Byotrol technology offers a unique advantage in the highly competitive global hygiene market.  We are confident that this distinguishing quality will make Byotrol a market leader.”

Jon Wilson, vice president, corporate innovation for Kimberly-Clark, added: “Delivering to market game-changing innovations is a critical element to achieving Kimberly-Clark’s vision of leading the world in essentials for a better life.

“Key to achieving this is the creation of an innovative culture at Kimberly-Clark that fosters win-win opportunities between our organization and external partners, such as Byotrol.

“Innovation is a race without a finish line. We must continually incorporate new technologies, leverage fresh understandings of the consumer and find new ways to win in the marketplace. Having strategic partners, like a Byotrol, is core to Kimberly-Clark’s innovation journey.”