Sprintex Secures Exclusive Distribution Deal in Bangladesh for Jet Blowers
Sprintex has finalized a three-year exclusive distribution agreement for G-Series Jet Blowers in Bangladesh's wastewater market, with initial purchase orders of approximately AU$71k and minimum commitments totaling around AU$1.136 million by Year 3. This agreement is part of Sprintex's broader strategy to penetrate emerging markets and capitalize on growing demand for energy-efficient solutions in wastewater treatment.
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Sprintex has entered a binding distribution agreement with Kingsley Engineering Service Corporation for its G-Series Jet Blowers in Bangladesh, focusing on wastewater aeration applications. The deal includes an initial order of AU$71k and escalates to AU$1.136 million by Year 3.
Additionally, Sprintex secured a significant €15.6 million order from Mest Water for compressor systems, with deliveries from March 2026 to July 2027. The company's revenue for the half-year ending December 2025 reached A$2.71 million, despite a net loss of A$1.73 million. The Bangladesh agreement complements Sprintex's recent efforts in South Korea and the UK, highlighting the company's strategic expansion in key markets.
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