Re-Match Holding A/S entered into a commercial agreement with the company FOG & VENØ. The agreement concerns sale of recycled artificial grass fibres to FOG & VENØ for use in their production of acoustic panels, Recycled Turf Panels. Re-Match has been working persistently for some time to create a higher value on the back-end products that the company produces from its patented and sustainable recycling of artificial turf.

After prior testing, they have now succeeded to create a product with FOG & VENØ, in which the recycled artificial grass fibres form the majority of the felt fitted to the back of the acoustic panels; Recycled Turf Panels. FOG & VENØ is one of Europe's largest suppliers of acoustic panels, with a clear strategy to deliver high quality products, with minimal impact on the environment. Therefore, the companies have decided to enter into a commercial agreement which includes a letter of intent from FOG & VENØ for the purchase of 1,000 tonnes of recycled artificial grass fibres from Re-Match.

This will result in a potential doubling of the budgeted turnover for the Herning factory standalone for the financial year 2023.