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Camposol Holding Plc has announced the signing of an engagement letter with Credit Suisse, in order to explore strategic alternatives to improve distribution and marketing operations in the US market.

According to the group, these strategic alternatives will include include joint ventures, mergers, acquisitions and other action.

'The Board has consistently expressed since 2011 its focus and interest on consolidating the company's positioning in the US Market,' a company statement read.

Credit Suisse will, along with Camposol's board, review all available options, to' achieve its strategy and maximise the value of the company'.

Camposol will issue more detailed disclosure in due course should it choose to further explore any of such strategic alternatives.