Norwegian based Kolonial orders carts worth 2 million SEK

Press release 2020-12-08, 07:30 CET

The largest company in Norway for online food deliveries has placed another order for carts to their distribution sites from FlexQube. During the fourth quarter, the order value totals 2 million SEK ($235 000).

In addition to this order, Kolonial has also indicated that the need for carts during 2021 will be at least 3 million SEK ($350 000).

CEO Anders Fogelberg comments: ”Kolonial ordered their first carts from us during 2019 and has since then continued to put trust in our ability to design different types of carts for their goods handling and picking operations. It is not just one type of cart but about ten different carts intended for various purposes. At FlexQube, we are intrigued by this business in rapid growth.”

About FlexQube

FlexQube offers a unique and patented concept that is used to design and deliver robust, modular and flexible material handling carts that can also run autonomous. The company has manufacturing in Sweden and USA and distribution in North America and in Europe. On December 14, 2017, the company was listed on the Nasdaq First North in Sweden.

FlexQube has some of the world’s largest manufacturers within automotive-, energy-, defense-, aerospace-, home appliances-, and construction machinery among their customers. Some examples are Volvo Cars, Siemens, Autoliv, Scania, Whirlpool, Eberspächer and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

[email protected]

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company’s Certified Adviser. Read more at www.flexqube.com