(Alliance News) - Tekcapital PLC on Monday said US retailer Hanahreum Mart has agreed to carry its portfolio company MicroSalt's SaltMe branded crisps.
TekCapital is a London-based intellectual property investment group, claiming H Mart is "recognised as one of the fastest growing retailers by the National Retail and Supermarket News, alongside being "one of the top 50 small chains and independents in the US and Canada".
It said MicroSalt provides a "much-needed option", allowing food manufacturers and consumers to cut the sodium content of their food "without impacting flavour".
Tekcapital claimed around 31% of adults worldwide suffer from high blood pressure and other cardiovascular diseases, arguing "pressure is mounting around the globe to lower the sodium content in prepared and packaged foods as well as in the home".
TekCapital owns 97% of the share capital in MicroSalt Ltd and around 78% of MicroSalt Inc, its US subsidiary.
Shares in TekCapital were down 3.3% to 15.47 pence each in London on Monday afternoon.
By Greg Rosenvinge, Alliance News reporter
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