Wattle Health (ASX:WHA) has signed a 12 month supply agreement with Vasudevan and Sons in India for its natural baby food range.
The agreement follows on from Vasudevan’s initial order in January of this year.
Under the agreement Vasudevan has committed to maximum volumes of Wattle’ss natural baby food range representing revenue of about $1.5 million over the next 12 months.
Wattle health says the agreement is an important milestone as it cements their presence in one of the world’s largest and most lucrative markets.
Shares in Wattle Health (ASX:WHA) are trading 3.33 HIGHER to $1.24 following the announcement.