New Delhi, November 25, 2021: FlexQube and Oda Norway AS, a leading company for online sales of groceries, has entered a partnership and signed a framework agreement for future deliveries of material handling equipment to both existing and upcoming facilities.
The framework agreement runs for a period of four years and given the volumes previously delivered to Oda, the agreement is estimated to be worth at least 10 MSEK annually for the coming four years.
The patented concept by FlexQube, where everything is bolted together, means that the equipment to the new facilities can be delivered unassembled and instead assembled onsite at the customer. This means that the need for transportation is reduced by 70% hence a significantly lower environmental impact.
CEO Anders Fogelberg comments: ”The partner agreement means significant volumes for us in the coming years and is an important milestone for FlexQube where we, through our concept, will help Oda to run the world’s most efficient picking operations of groceries.
Looking at our previous deliveries to their operations I estimate that the volumes can be greater and come earlier when more details of the expansion plans for Oda are completed in the coming months.
This is also evidence on how diversified and competitive our concept and offering are; where we can create the best solutions for both the manufacturing industry with e.g., Tesla, Siemens and Mann+Hummel as well as for distribution- and e-commerce with e.g., Oda and Amazon.”
Corporate Comm India (CCI Newswire)
