Wattle Health signs 12 month supply deal with Vasudevan

Company News

by Anna Napoli

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.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.