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The Food Revolution Group Ltd to produce orange juice for ALDI

The Food Revolution Group Ltd (ASX:FOD) has signed a deal with ALDI supermarkets that will see it commence production of a two-litre orange juice product.
The Food Revolution Group Ltd to produce orange juice for ALDI
The Food Revolution Group Ltd to produce orange juice for ALDI

The food and beverage processing company manufactures a range of juices, fibres, infused fruits and fruit waters that are sold as branded products or ingredients to customers.

The Food Revolution Group’s share price was last trading at $0.115, up 9.52% intraday.

The latest orange juice product will be available for sale in ALDI stores in Victoria, South Australia and Western Australia, starting this month.

In addition, The Food Revolution Group has significantly boosted its distribution network with several new agreements.

The company has signed a distribution deal with Botany International Foods, which will see its products distributed in up to 600 independent stores in New South Wales, Victoria and Queensland.

Botany has a distribution network of more than 200 independent stores in each of the three states, including Ritchies and IGA supermarkets.

The company has signed a separate distribution agreement with Our United Foods to distribute its products in more than 300 stores in South Australia and 150 stores in Queensland.

Food Revolution’s products will also be available in the “Grab and Go” section of 100 Coles Express stores from February 2017, with the products to be rolled out in further stores throughout the year.

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The Food Revolution Group Timeline

Newswire
May 16 2014

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