COASTAL INTGRTD SVCS (OTCMKTS:COLV) is delighted to announce that Simply Lids Inc., its wholly owned subsidiary has signed a non-disclosure agreement with a major procurement company named Havi Global Solution.
As per the reports, the NDA will facilitate the Coastal Intgrtd to work closely with Havi Global and offer the latest liquid delivery system solutions with the main focus on beverage lid.
Management Call:
Most of the experts consider this agreement as a win-win situation for both the companies. The senior management team of Coastal calls it a stepping stone that will help the company growing further.
According to John Newman, CEO, Coastal, this agreement has given Coastal Intgrtd a chance to get associated with Havi Global Solutions. Now, it can look forward to initiating discussions with one of the largest food chains in the country as well as in the world.
Developing a top-notch lid has always been a dream for COASTAL INTGRTD SVCS (OTCMKTS:COLV), and things have finally started falling into the line due to this association. The company can now execute and develop an award winning lid.
One other spokesperson of Coastal stated that the company had transformed and redefined some of the best capabilities for a period spreading over three decades. It could be done by entering into partnerships with some of the largest food supply chains of the world. Two of the largest food supply chains in this list are McDonald’s and Coca-Cola that take a host of services including program execution, sourcing, logistics, and supply chain management from Coastal.
Simply Lids has won peculiar awards for developing disposable beverage lids. The company has a good reputation in the beverage industry. This non-disclosure agreement will help both the companies exploring each other’s resources in an effective way.
Further updates about the execution of this agreement and output will be announced soon.
