Market Herald logo


Be the first with the news that moves the market

Food Revolution Group has signed an agreement with ICC Global which will see ICC order $8 million of FOD products by 2020.

FOD is an Australian company which operates, a state of the art fruit and vegetable processing facilities to produce high-quality juices, fibers, infused fruits, and waters.

ICC Global is an international cross border e-commerce platform that connects Australian manufacturers with exporters in China and other international markets.

This agreement will see ICC ordering at least $8 million worth of FOD products by December 2020.

The first order will see a minimum of 10,000 units of orange juice to be shipped to Shanghai in June 2019.

According to FOD Executive Chairman Dr. Norman Li this partnership is essential in expanding FOD’s customer base.

“This agreement for ICC Global to order $8 million will help FOD further grow awareness of its brands in China. We had a very successful diagou visit to the factory and I believe further distribution deals will be coming,” he said.

Upcoming orders of canola oil to Singapore are expected in the future.

“ICC’s first order of our orange juice is just the start of our long term relationship and we look forward to further building our sales and distribution relationship with ICC over the next few years,” Dr. Li said.

Please find announcement attached here

FOD by the numbers
More From The Market Herald

" Intelligent Monitoring Group (ASX:IMB) completes $5m institutional entitlement offer

Intelligent Monitoring Group (ASX:IMB) has completed the institutional component of its entitlement offer and raised $5…
The Market Herald Video

" PharmAust (ASX:PAA) faces delays for COVID-19 trial

PharmAust (ASX:PAA) is facing delays for its phase one COVID-19 trial as it works to find…
The Market Herald Video

" Creso Pharma (ASX:CPH) eyes Australian body care market with Dr Pickles deal

Creso Pharma (ASX:CPH) has signed a heads of agreement with tattoo aftercare specialist Dr Pickles.

" Fluence (ASX:FLC) completes share placement, Doug Brown joins board as strategic advisor

Fluence Corporation (ASX:FLC) has now officially completed its share placement, with the help of newly appointed…