RLF AgTech Signs Cambodian distribution deal with Total Agree
- Plant nutrition company RLF AgTech (RLF) expands its presence in Southeast Asia after signing a long-term agreement with a Cambodian distributor
- Under the five-year agreement, Total Agree must purchase and distribute a minimum quantity of RLF plant nutrition products
- Stage one of the agreement concerns a minimum sales commitment of US$1.7 million (A$2.3 million) over the initial five years
- This agreement forms a key part of RLF’s strategy to expand into new distribution channels across the globe
- Shares in RLF are up 7.41 per cent on the market and are trading at 14.5 cents at 2:05 pm AEST