Zoono Group Limited (ASX: ZNO) has inked an Exclusive Agency Agreement with OSY Group Limited (OSY) to promote Zoono products for the food supply chain. OSY, based in Manchester, UK, pioneers sustainable hygiene technologies. They've demonstrated up to 40% longer shelf-life for soft fruits treated with Zoono products, crucial for reducing food waste.
Zoono's protective layer inhibits microbial growth without compromising safety regulations. The agreement grants OSY exclusivity in the food supply chain, with key terms including a 5-year initial term and commission structures. Both companies target significant cost savings for customers, focusing on niche markets like supermarkets and food producers. Initial sales expectations hover around NZ$1.25m, with potential for substantial savings in the industry.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.