- CEO
- Joachim Thilo Senst
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 1 First Canadian Place Toronto ON Canada M5X 1E2
- IPO Date
- Jan 8, 2021
- Business
- GBLT Corp. designs, manufactures and supplies mobile storage and battery solutions through its primary operating subsidiary GBT GmbH; offers renewable energy solutions via its solar division including the proprietary EXTRAVOLT solar panel brand launched in early 2023; provides LED lighting products under the Avide and ENTAC brands for retrofitting applications in commercial and industrial settings such as warehouses, harbors and airports; distributes consumer healthcare and wellness products under the Dr. Senst brand encompassing personal protective equipment like face masks, disinfectants, insect repellents and latex gloves; and produces AGFAPHOTO-branded rechargeable batteries, chargers, mobile energy storage systems and private-label alternatives for batteries, medical products and lighting. The company targets retail chains, distributors and professional users in consumer electronics, energy storage, healthcare and lighting sectors across Europe, North America, Africa, the Middle East, the United Kingdom and select international markets. GBLT Corp., founded prior to its public listing and headquartered in Dueren, Germany with additional administrative offices in Toronto, Ontario, Canada, focuses primarily on Europe for sales with Germany representing the largest revenue contributor followed by the broader European Union. Recent developments include the sale of its shares in Gebäude Technologie Center GmbH in November 2023 to refocus on core battery, solar and healthcare operations; a distribution agreement in March 2023 with a major Nordic consumer imaging distributor valued at 4.5 million euros; expansion into Africa and the Middle East via new regional sales operations in July 2023; receipt of a 575,000 euro order from a leading European drugstore retailer in March 2023; opening of a UK sales office in September 2022 to support global growth of portable energy and Dr. Senst products; and voluntary delisting from the TSX Venture Exchange effective May 13, 2024 following shareholder approval to streamline operations amid stagnant share price performance.