Sprintex expands Turkish distribution deal ahead of high-capacity jet blower launch
Sprintex (ASX: SIX) has secured a $377,000 order from Türkish distributor Net 0 Enerji for the supply of high-capacity G Series jet blowers designed for smaller-scale applications.
The order builds on an original $5.8 million, three-year contract between the two companies that appointed Net 0 Enerji exclusive distributor for the blowers in the Republic of Türkiye.
That agreement will now extend to June 2029 and Net 0 has increased its minimum order commitment to $9.97m.
Energy solutions
Net 0 Enerji specialises in energy monitoring and management solutions that enable businesses to reduce energy costs and adopt environmentally responsible practices.
The company will work with customers to set up G Series jet blower systems and evaluate the results to showcase energy savings and performance.
Net 0 Enerji has also signed HCP Pompa Sistemleri — a subsidiary of ASM Water Treatment Technologies Inc — as an official Sprintex dealer, adding extensive access to municipal and industrial wastewater treatment projects across Türkiye.
Increased demand
The extended contract positions Sprintex to capitalise on Türkiye’s rapidly increasing demand for energy-efficient technologies.
Order volumes under the extended Net 0 Enerji contract will align with Sprintex’s production of its new high-capacity G25 (25 kilowatt) and G37 (37kW) blowers, as well as several larger models up to 110kW that the company plans to release in October.
Sprintex has designed the new machines to address the requirements of larger industrial sites and municipal wastewater plants where energy use is significantly higher.
Higher revenue potential
Sprintex said the new range would have the potential to generate “considerably higher revenue” per project, due to being priced approximately four to five times higher than current G15 units.
The larger models will position the company for contracts with anticipated values over $308,000, compared to typical G15 projects priced between $15,000 and $69,000.
The machines will also qualify for Turkish government grants covering up to 30% of project costs, up to $842,000, subject to minimum 150kW energy savings.