ToughBuilt Expands Presence In Spain Via New Distribution Deals

by Shivani Kumaresan, Benzinga Staff Writer

August 8, 2022 2:07 PM | 1 min read | Make a Comment

ToughBuilt Industries Inc TBLT has entered into a supply agreement with Elecktro3 S.C.C.L (Elecktro3) and NCC Hardware Purchasing and Services Centers SL (NCC).
The company expects the move to expand its presence in Spain's hardware marketplace.
Elektro3, based in Catalonia is an importer, exporter, and distributor of products for hardware stores, appliances, and gardening. Elektro3 has over 22,500 end users.
NCC, located in Barcelona, is a super-cooperative and its members operate over 1,000 stores in Spain.
Price Action: TBLT shares are trading higher by 4.23% at $6.90 on the last check Monday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.