Halo Food Co. Limited announced it has signed a material milk powder manufacturing and supply agreement with Foodstuffs. This contract represents a two-year renewal of the prior contract signed in 2020.

The key details include: The Agreement is valued at NZD 9.4 million (prior contract valued at NZD 7.1 million), Term of 2 years, Halo will manufacture and supply whole and skim milk powder across multiple Foodstuffs products and brands to be distributed across Foodstuffs New Zealand retail presence, Other standard terms and conditions setting out quality requirements, ordering and delivery time frames of nominated milk powder products nationally, The products will be manufactured in Halo's New Zealand facilities.