CrayoNano Finalizes New Distribution Agreement with Sutelco S.A to Expand Presence in Southern Europe

Trondheim, Norway—CrayoNano AS has signed a distribution agreement with Madrid-based Sutelco S.A., a distributor specializing in LED components, optical, electrical, thermal, and mechanical parts—key elements for developing and assembling comprehensive LED solutions. This partnership marks an expansion of CrayoNano's sales presence in Southern Europe, with a focus on Spain and Portugal.

Sutelco will now be selling and distributing our CrayoLED™ H-series (CLH-N3S) UV-C LED components through their well-established and strong sales network in the region. This partnership marks CrayoNano’s entry into the Spanish and Portuguese market as our first regional distributor and third European distributor overall.

Sutelco has many design-in activities and demand among their ongoing projects and requests for disinfection system designs. Sutelco emphasizes CrayoNano’s superior product performance, competitive edge, and customer-centric operations and support, attracted them and distinguished us from other suppliers in the market, leading to Sutelco adding our CrayoLED to their UV LED product catalog.

Stefan Stockbauer, Global Sales Director of CrayoNano, stated, "We have been looking for a good partner to support our customers in Southern Europe. Our partnership with Sutelco S.A aligns with our commitment to expand effectively by strategic collaborations with established sales channel partners. Sutelco’s local expertise, learned and gained from 30+ years experience, and their ability to provide prompt support in Spanish and Portuguese will be sure to deliver exceptional customer service to our customers in the region." The partnership leverages Sutelco's local warehousing and logistics to ensure prompt service, engagement, delivery and access to CrayoNano's products with goods readily available for the Southern European market.

Sutelco S.A. have a strong background in engineering and design-in expertise, providing services that facilitate the integration of CrayoNano's CrayoLED into their customers' disinfection systems. Mr. Stockbauer added, "Along with distribution, we are pleased that our customers can also benefit from Sutelco's comprehensive engineering value-added services. With this background and network, Sutelco is a perfect distribution partner for us."

Mr. Gonzalo Guerrero of Sutelco S.A., commented, "Our clients have high standards and expectations that we will offer them the best product that is right for their disinfection solution. CrayoNano's products are a perfect fit for our portfolio, delivering exceptional performance, efficiency, competitiveness, and reliability. With our extensive experience in LEDs, we recognize the superior quality of CrayoNano's offerings, and we are excited about the potential of this successful partnership."

CrayoNano's products and samples are immediately available at Sutelco.

For more information and sales enquiries, please see the information below:

CrayoNano AS

CrayoNano Marketing
Email: marketing@crayonano.com
Phone: +47 72 90 98 60
Website: crayonano.com

Sutelco S.A

Contact: Gonzalo Guerrero Prado
Email: gonzalo@sutelco.com
Phone: +34 91 355 8603
Website: www.sutelco.com

About CrayoNano AS

CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports our customers with global sales representatives and distributors in EMEA, APAC and Americas. CrayoNano’s innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.

About Sutelco S.A.

Founded in 1959, Sutelco S.A. has a long history in the electronic components industry. We began focusing on LED technology in the 1990s, initially distributing QT Opto, and later adding renowned brands like COTCO, CREE, SEOUL SEMI, and LG. From 2005 to 2010, we saw significant success with CREE and SEOUL SEMI LEDs and also distributed LEDIL lenses. Since 2010, we have focused on brands such as PROLIGHT, LEDLINK, BRIGHTVIEW, JUNGBECKER, MINGFA, and BOLB. Our product range covers high-performance white LEDs for general and street lighting, artificial vision, UV LEDs for disinfection and curing, special wavelengths like IR for plant growing, RGB and RGBW for architectural lighting, AC PCB for no-driver lighting, optics and reflectors for street lighting, diffusers for visual comfort, power supplies for various applications, and heatsinks for COB applications. Sutelco is dedicated to providing high-quality LED components and solutions, leveraging decades of experience to meet the diverse needs of our clients.