SPC Ardmona signs $70m Woolies deal

 In Australia, NewZealand, Woolworths
Fruit canning company SPC Ardmona has won a $70 million contract with the country’s largest supermarket chain Woolworths just weeks after the federal government rejected a $25 million bailout for the company.
The five-year deal comes a week after the Victorian government reached a $22 million assistance package agreement to upgrade facilities at the SPC Ardmona cannery.
SPC, which is a subsidiary of the Coca-Coca Amatil, will supply Woolworths with all its home-brand fruit and Australian canned tomato soup products.
The company says the government’s refusal worked in its favour as consumers responded positively to the Australian company’s situation.  Sydney Morning Herald – Read more…

Recent Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.