SKUDO GETS LAID IN THE US

SKUDO GETS LAID IN THE US

FLOOR coating company Skudo has signed a 10-year multimillion dollar deal with a US distributor.

The company will launch Skudo’s range of temporary peelable coatings in San Francisco with a full range of products to be rolled out in other cities.

Business development manager Hayden Bone (pictured), says the potential is untapped with 70 shipping containers of products required annually just to supply 1 per cent of the tile market.

“The US market represents a significant size to the overall business for Skudo and the importance to developing the right business model there is critical to the success of the global brand moving forward,” says Bone.

Skudo develops a range of products but its main focus is on developing systems for ‘temporary protection’ during construction and production and recently signed a deal to distribute the products through Australia, Asia, and the Middle East.

“On many construction sites, tiles or other flooring materials are laid prior to many stages of construction, leading to potential damage once those phases of the build get underway. There can be a lot of sand, dirt, spills, tools and machinery brought in over the top of the flooring. Skudo Floor System becomes the protective layer for these valuable substrates and reduces damage and additional spend on costly repairs,” says Bone.

“Skudo’s European-trained chemist is able to tailor compounds to suit client applications, environment and unique specifications, whether it’s for two or 2000 tonnes, from the extreme climates of the hot, dry desert to humid, wet regions of Asia or freezing temperatures in New Zealand.”

The company is also in talks with a European distributor that will result in 40 per cent annual growth for the company.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Nick Scali shares reach all-time high following UK expansion plans

Nick Scali shares reach all-time high following UK expansion plans

Nick Scali’s (ASX: NCK) plans to expand into the UK have...

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

The board of Super Retail Group (ASX: SUL) has announced today that...

Aussie-founded sleep device giant ResMed sees profit lift 29pc

Aussie-founded sleep device giant ResMed sees profit lift 29pc

Shareholders backing Australian-founded, California-based sleep med...

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

After 23 years as co-CEO of Sydney-headquartered software giant Atl...