On the morning of December 8, 2023, at the KLC Group Headquarters in District 1, KLC Commercial Joint Stock Company (KLC Commercial), a core member of the KLC Group ecosystem, signed a Memorandum of Understanding (MOU) with Rexil Asia – a subsidiary of Rexil Holding BV in the Netherlands.
The leadership teams of both companies attended the ceremony, including CEO of KLC Group; Mr. Vu Duc Tuan – Deputy CEO of KLC Commercial; Mr. Huy Vo – Deputy CEO of Viet Long Capital, and Mr. William Nolten – Business Development Director of Rexil Asia.
According to the terms of the agreement, Rexil Asia will be a strategic distribution partner and acquire KLC-branded agricultural products. Rexil Asia will assist in bringing KLC products to international markets, leveraging its network of import units, wholesale and retail stores, and supermarket chains in Europe and the Americas.
Additionally, Rexil Asia will provide advisory services to KLC Commercial on sustainable cultivation and restoration methods in producing and exporting agricultural products. This cooperation includes legal and business-related issues connecting to distributors, agents, and retail outlets in European and American markets to bring KLC Commercial’s image, and KLC Group in general, closer to partners and customers in these markets.
Rexil Asia, a member of the Rexil Holding BV Group in the Netherlands, is a leading company in the European market with brands such as Rexil Agro BV, AB Yellow, Probiotics, and others. With over 20 years in biology and agriculture, Rexil Asia’s products are committed to safety and environmental friendliness, proven effective in various international research published in scientific journals.
Currently, Rexil Asia is the hub for retail units and large supermarket chains distributing clean, high-quality, and guaranteed-tasting food in European and American countries.
During the signing ceremony, Mr. Vu Duc Tuan – Deputy CEO of KLC Commercial, shared: “With the vision of bringing Vietnamese products to the international market, we consider Rexil Asia as a key strategic partner in helping KLC-branded agricultural products penetrate the European and American markets through its network of retail units and supermarket chains. At the same time, with Rexil Asia’s experience and strong position in European and American countries, I am confident that this collaboration will provide KLC Commercial with a solid foundation to step into this promising market.”
Representing Rexil Asia, Mr. William also shared: “We look forward to collaborating with KLC Commercial, one of the financially strong enterprises in the Vietnamese market, to meet the increasing demand for clean and high-quality food in the current European and American markets.”
KLC Commercial Joint Stock Company is an investment company in retail and import-export in Vietnam, part of the KLC Group ecosystem. With substantial financial resources, KLC Commercial has successfully executed business investment deals in both domestic and international markets.
In 2024, the company plans to expand its operations, signing agreements with multiple partners to broaden strategic cooperation relationships, marking a stepping stone for the robust development of KLC Commercial.
