Australian Dairy Nutritionals Strikes Manufacturing Deal with Nutura Organic; Shares Up 13%
Australian Dairy Nutritionals (ASX:AHF) partnered with Melbourne-based nutrition products maker Nutura Organic to manufacture intermediate and fortified milk formula base powder.
The agreement has a one-year initial term, with the option for a two-year extension, according to a Wednesday filing with the Australian Securities Exchange.
Australian Dairy Nutritionals shares rose almost 13% in recent trade.
Price (AUD): $0.02, Change: $+0.0020, Percent Change: +12.50%
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