Sydney (30 May 2017): Inghams Group Limited (ASX: ING), Australia and New Zealand’s leading poultry producer, announced today that it had extended its national agreement as the majority supplier of poultry products to Woolworths supermarkets in Australia until mid-2021.
CEO and Managing Director Mick McMahon said: “This agreement extends our supply relationship with Woolworths to over 60 years and supports our investment in capability and capacity to meet market growth and demand for Ingham’s quality products.”
The extension is part of Ingham’s ongoing strategy of formalising long term supply relationships with major customers where appropriate.
Mr McMahon said: “Long term supply agreements with major customers now account for over 65% of Australian poultry volumes with average remaining tenure exceeding 3 years.”
Veneta Chapple M: + 61 (0) 455 372 311 | E: [email protected]