Pact Group extends Woolworths crate pooling contract by 10 years

Pact Group has extended its contract to own, operate, wash and store a crate pool for Woolworths Group for a further 10 years. Current annual revenue from the contract exceeds $50 million, and Woolworths has dropped its option to buy 50% of the Pact entity serving it.

“Pact Holdings (ASX: PGH) has extended its existing contract to own, operate, wash and store a crate pool for Woolworths Group.”propack.pro

• 1 source
• propack.proPact Group and Woolies extend partnership - ProPackAug 2, 2023

Summarized from public sources; check the original articles before acting on it.