Australia’s Beston Food Company (BFC) has revealed that it has signed a contract to supply “a prominent Australian company” with an average of 200 tonnes of mozzarella cheese a month.
The deal, with an unnamed customer, comes on the back of the completion of BFC’s new mozzarella plant at Jervois, South Australia, early this year.
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The supply contract represents 30% of current production at BFC’s Jervois plant and is worth more than AUD1m (US$723,000) a month.
Suppy begins this month.
The new mozzarella plant was installed in February and successfully commissioned in March, with commercial sales beginning in May. Sales since commissioning have totalled AUD3.2m.
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BFC’s new plant achieved export accreditation in April, enabling Mozzarella from there to be sold overseas.
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By GlobalDataThe contract win comes as BFC announced its annual results for the year ended 30 June. These revealed that revenue was up 97% compared to the same period in 2017 at AUD48.2m but net profit was down 63% as the company recorded a loss of AUD12.6m.
