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Zoono Group Limited ( (AU:ZNO) ) just unveiled an update.
Zoono Group Limited has signed an exclusive five-year contract with Mpact Operations in South Africa and Namibia, alongside its partner OSY Group Limited. This agreement focuses on using Zoono’s antimicrobial products in corrugated board-based packaging for grapes, stone fruit, and berries, aiming to extend shelf-life and reduce food waste. This partnership marks a strategic expansion into new markets, building on previous successes in the UK and EU, and highlights the growing commercial adoption of Zoono’s technology. The collaboration is expected to deliver significant benefits across the food supply chain, including financial savings and enhanced product freshness for supermarkets.
More about Zoono Group Limited
Zoono Group Limited is a manufacturer of antimicrobial products, focusing on innovative applications in the food packaging industry. The company aims to extend the shelf-life of fresh produce, thereby reducing food waste, a significant challenge in the global food supply chain.
Average Trading Volume: 186,207
Technical Sentiment Signal: Buy
Current Market Cap: A$18.69M
See more insights into ZNO stock on TipRanks’ Stock Analysis page.