Comvita Limited (NZX:CVT) has signed a long-term partnership with Olé, one of China's largest premium retail chains, during Prime Minister Chris Hipkin's visit to the country.
The agreement aims to significantly grow Comvita's current revenue with Olé over the next few years, as well as implement Comvita's Harmony Plan in China, which encompasses a broad number of environmental, social and governance initiatives.
David Banfield, CEO of Comvita, commented that the partnership is both commercially and philosophically significant.
Comvita is in the process of finalising the details of a future supply agreement and its associated implementation plan.
See more
