Datronix Holdings Limited announces new master supply agreement with Datatronics Romoland

Reuters
Oct 10
Datronix Holdings Limited announces new master supply agreement with Datatronics Romoland

Datronix Holdings Limited has announced the signing of a New Master Supply Agreement with Datatronics Romoland, a company based in California, USA. Under the agreement, Datronix Holdings Limited and its subsidiaries will supply magnetic components to Datatronics Romoland, which serves end customers in the US, including those in the medical and aviation sectors. The agreement, which follows normal commercial terms and was negotiated at arm's length, is expected to generate stable income for Datronix Holdings Limited. The company stated that the terms are no less favorable than those offered to independent third-party customers and that the arrangement is in the interests of the company and its shareholders as a whole.

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