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Conglomerates Electronic Components

GBLT Corp., through its subsidiary, GBT GmbH, designs, manufactures and supplies mobile storage and battery solutions. The Company is also a provider of renewable energy solutions via its solar division, participating in the solar energy market. In addition, the Company offers consumer healthcare and wellness products to retail chains across the globe. It is also an official licensee for... see more

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GBLT Corp > Receives USD $3.9m Order from Major European Retail Chain

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Post by Betteryear2 on Nov 22, 2021 8:34am

Receives USD $3.9m Order from Major European Retail Chain

TORONTO and DUEREN, Germany, Nov. 22, 2021 /CNW/ - GBLT Corp. (TSXV: GBLT) (OTCQB: GBLTF) (FSE: 4G9) ("GBLT" or the "Company") is pleased to announce that it has received an order for USD $3.9 million from the one of the biggest retail chains in Germany for private label batteries, delivered over the course of 2022. This marks continued expansion for the Company within existing retailer accounts, and with over 10,000 stores throughout Europe, further expands GBLT's presence with consumers.

"Private label batteries continue to provide not only a strong source of revenue for GBLT, but highlight our expansion within our existing accounts to retailers," said Dr. Thilo Senst, Founder and CEO of GBLT Corp. "This is yet another order from this retailer that has continued to remain a strong partner to our company for many years and we have become a trusted vendor for them. Even with the global supply chain disruptions affecting businesses globally, GBLT has remained a steadfast source of products for our clients."

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