STOCKHOLM, Dec. 13, 2016 /PRNewswire/ -- Fleksihus AB, the Swedish creator of cutting-edge modular housing, has announced the signing of a agreement with South Korea-based S-One, an engineering company specializing in the production and installation of accommodation units. The parties have agreed a 5-year renewable exclusive agreement to cover Europe, USA, Canada, Australia and New Zealand for land based accommodation solutions.
Martin Nilsson, Managing Director of Fleksihus AB said, "We are delighted to have partnered with an experienced and innovative company such as S-One. The Fleksihus vision is to radically change the way the general public view housing by creating eco-friendly, sustainable and comfortable homes which are both affordable and stylish, whilst at the same time offering better value than traditional housing. We feel S-One is the ideal partner to help us realise our vision and we look forward to the journey we are about to embark on together."
Commencing operations in 1999, S-One originally established itself as a marine and offshore pipe supplier, later diversifying and expanding its scope to cover a wide range of accommodation projects and engineering solutions. The company headquarters are located in Busan, Korea and has approx. 200 staff, with 30 based locally and over 160 overseas staff members, and has a strong record of successful projects in UAE, Vietnam, Bangladesh, Iran Philippines, Norway, Croatia, Brazil, Singapore and a number of other countries and regions worldwide.
Nilsson also added, "S-One share our commitment to environmental responsibility and sustainable development of the modular accommodation and housing industry, and we are looking forward to growing this new and exciting industry together along with S-One team."
Chris Lee of S-One commented, "S-One is excited to announce that signing of our strategic agreement with Fleksihus AB. The agreement was signed October 2016 in Busan, South Korea, and we are looking forward to a mutually-beneficial collaboration for many years into the future. We firmly believe that together, with the Fleksihus team's expertise and broad vision, we will take the modular housing industry to the next level globally."
The S-One agreement comes on the back of Fleksihus agreeing two major development projects in Sweden based upon their premium "Fleklusiv Design" product. Also, the Fleksihus management team revealed that advanced discussions are taking place for in pursuit of similar development projects for their mid-range "Fleksmart Living" and economy "Fleksafe Build" products.
About Fleksihus AB
Fleksihus AB is creator and producer of complete modular accommodation solutions, developed by a team of highly experienced architects, engineers and technical experts in response to current market requirements for an eco-friendly, stylish yet low-cost housing solutions. Fleksihus products have been specifically designed to meet the need for elegant, yet reliable and easy-to-build housing units. Fleksihus provides full turnkey solutions, developed to provide both short and long term homes which are practical, smart and safe.
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Company Address - FLX Modulhus AB, Frejvägen 5, 181 32 Lidingö, Sweden
Company Registration Number - 556551-2554
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SOURCE Fleksihus AB