GBLT Corp. receives USD $4.8M contract for private battery label

TORONTO and DUEREN — GBLT Corp. announces that it has received an order of USD $4.8 million from one of Europe’s mass merchandisers to provide private label batteries. This merchandiser had previously been a client of GBLT’s however this is the first time they have selected GBLT as a vendor without having an open tender process.

In addition to AgfaPhoto branded batteries and mobile energy products, GBLT delivers private label batteries that vendors can brand their own. This is often done to provide an alternative to more expensive, brand-named batteries for consumers that are seeking a cheaper product. This allows retailers to solidify their own brand awareness with consumers.

“We continue to see success with our mobile energy and battery traditional business even as we rapidly expand our product offerings to include Personal Protective Equipment,” said Dr. Thilo Senst, CEO of GBLT. “The current economic environment has resulted in many companies having supply chain issues and being unable to deliver their products either on time or even at all. As a result of our superior supply chain, long-standing relationships, and years of experience, our clients look to GBLT as a key supplier that can deliver products with certainty.”