From April 1, 2023, Probi AB will take over the distribution of the brand in Sweden, which is sold in pharmacies and health stores. The move is aimed at expanding sales and developing the Probi brand.
Since 2009, Probi has had a distribution agreement with an external distributor for the sale of Probi in Sweden. In connection with the expiration of the agreement, Probi has chosen to end the collaboration and build up its own marketing organisation with the objective of developing the brand and increasing sales on the Swedish market.
"Probi's global strategy as a B2B supplier in probiotics is unchanged. Sweden is however unique for Probi, as we have products on the market under our own brand name,” said Tom Rönnlund, CEO, Probi AB. “Our strong position in Sweden makes it natural for us to take control of the entire value chain. We see great potential to strengthen our own brand and increase sales in both existing and new channels. We have had a good collaboration with our distributor, but through our own marketing organisation the brand will get significantly more focus and attention.”
Initially, the takeover means increased net sales of around SEK 10 million (USD $960,799) on an annual basis and a neutral earnings effect, considering costs for building up an internal marketing organisation.
The Probi brand is marketed in Sweden with the products Probi Original, Probi Frisk, Probi Family, Probi Active, Probi Female, and Probi Baby.