NF, a leading oxygen supply system company, has announced a partnership with Buddtree Management Group (Buddtree) and Dowwells, a subsidiary specializing in international investment, legal, and tax advisory services, to introduce wellness oxygen supply systems in India.
This collaboration aims to address India's urgent air quality management needs and penetrate the burgeoning wellness market.
Dowwells, a key subsidiary of Buddtree, played a pivotal role in facilitating the agreement. Buddtree, a company renowned for advising Korean companies on India investments, market entries, and international dispute resolution, brings significant expertise to this partnership.
Mr. Lee Sang-gon, CEO of NF, said, "In India, NF is committed to realizing our mission of 'We Save Lives' by leading the wellness market with innovative oxygen solutions."
NF has demonstrated its capabilities during the COVID-19 pandemic by swiftly exporting and donating medical oxygen supply systems. Now, NF is expanding its product line to include wellness oxygen supply systems, leveraging its advanced manufacturing technology.
O2REX, NF's flagship product, delivers clean oxygen to homes, offices, and vehicles, enhancing indoor air quality and promoting better health and well-being.
Dr. Jeehye You, Managing Director of Buddtree, emphasizes that in India, Corporate Social Responsibility (CSR) activities are mandatory, and it is imperative for businesses to play a pivotal role in addressing air pollution, which is a pressing societal concern.
This partnership underscores NF and Buddtree's join commitment to addressing environmental challenges and promoting public health in India.
