HomeFinTechRLF AgTech: Signs Cambodian distribution deal with Total Agree

RLF AgTech: Signs Cambodian distribution deal with Total Agree

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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
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