Oxygen supply system specialist ‘NF’ announced on the 12th that it signed a distribution contract with Dawels for the wellness oxygen supply system sector in India. Through this contract, the company plans to respond to the demand for air quality management in India, which is suffering from serious air pollution, and to take the lead in the wellness market.
Dawels is an affiliate of Birdtree Management Group (hereinafter Birdtree), a company specializing in international investment, legal, and tax consulting. Birdtree said, “We have various successful cases in consulting on investment and entry into India for Korean companies, and resolving international disputes,” and “We met through consulting on the operation of NF’s Indian corporation, and based on the trust between the two companies, we signed a distribution contract with an MOQ of 1 million dollars.”
NF has a history of emergency exporting and donating medical oxygen supply systems during the COVID-19 pandemic, and has expanded its business area to oxygen supply systems for wellness based on its manufacturing technology.
An NFC official explained, “O2REX supplies clean oxygen to spaces where users are, such as homes, offices, and vehicles, creating refreshing air quality like a forest and helping with health management.” A Birdtree official said, “India requires companies to carry out CSR activities,” and “Air pollution is an urgent social issue in India, so it is an area that companies are highly interested in.”
NFC CEO Lee Sang-gon said, “We will realize NFC’s mission of ‘We Save Lives’ in India and take the lead in the wellness market.”
