Clover‚ Eqstra renew supply deal

Johannesburg - Consumer goods and beverages group Clover Industries Limited [JSE:CLR] said on Tuesday it had renewed its outsourcing service agreement with Eqstra [JSE:EQS] Flexifleet for a “substantial period of time” in a move to reduce costs in the supply chain.

The company said the transaction would hold medium- to long-term benefits for both parties.

“Clover will see some early financial benefits‚ which it will use to curtail selling price increases‚“ it said.

 
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