‘Transformational’ licensing deal for cleaning technology company

Sustainable cleaning technology company business, Xeros Technology Group, has struck a licensing agreement for its XFilter filtration technology with Hanning Elektro-Werke Gmbh & Co KG.

Hanning, headquartered in Oerlinghausen, Germany, is a manufacturer of components for the appliance industry, including pumps and motors for some of the world’s largest domestic washing machine manufacturers.  

Its components are incorporated in the washing machines of some of the world’s leading brands, so Rotherham-based Xeros says the agreement is “transformational” for its own business.

Xeros adds the deal has the potential to deliver “significant revenues” from late 2023 onwards.

Under the terms of the 10-year, non-exclusive agreement, Hanning will make and sell filters incorporating Xeros’ proprietary XFilter technology.

This will enable washing machine manufacturers to provide consumers with the ability to capture and easily and safely dispose of over 90% of microfibres, including microplastics, released during laundry cycles.

The filters are built into the washing machine and are designed to last the life of a machine.

Xeros is already working alongside Hanning on the integration of XFilter within the washing machines of a number of its existing customers.

Under the terms of the agreement Xeros will receive a royalty per filter device sold by Hanning.

The royalty amount is commercially sensitive, but Xeros has confirmed the commercial terms of the deal are in line with Board expectations.

Klaas de Boer, chairman of Xeros, said: “The ambition we have been working towards is for Xeros’ XFilter technology to establish the de facto standard for legislators and to be the device of choice for all washing machine manufacturers.

Hanning’s customers are now working with us and Hanning for incorporation into their machines.

“Doing so enables them to meet the legislation in France with the expectation that filtration will be mandated across the EU and in the UK.

“Through their adoption of this technology, the washing machine industry will radically reduce the largest source of primary microplastic pollution which is from washing our clothes at home.”

Click here to sign up to receive our new South West business news...
Close