Wide Open Agriculture Partners with Univar to Enter Chinese Market

Wide Open Agriculture Ltd. ( (AU:WOA) ) just unveiled an update.

Wide Open Agriculture Ltd has announced a new offtake and distribution agreement with Univar Solutions China, aiming to establish a commercial market for its lupin-based products in China. While the agreement currently has no immediate financial impact, it involves WOA assisting Univar in market strategy and initial marketing activities, with a commitment from Univar to purchase a minimum of 50 tonnes of product within the first year following a six-month market preparation period.

More about Wide Open Agriculture Ltd.

Wide Open Agriculture Ltd (ASX: WOA) is a publicly listed company specializing in the development of next-generation plant protein solutions for the global food and beverage industry. The company focuses on producing high-quality lupin-based plant proteins and fibers, which are used to enhance the functionality, taste, and nutritional profile of various food and beverage products, including plant-based dairy alternatives, meat substitutes, baked goods, and health-focused products.

YTD Price Performance: 40.0%

Average Trading Volume: 24,018

Technical Sentiment Signal: Buy

Current Market Cap: €7.83M

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