Infant formula producer Bubs Australia (ASX: BUB) has secured a minimum 6 million litres of goats milk per year on top of its current supplies, following a supply agreement signed today with Central Dairy Goats of New Zealand.The initial five-year agreement guarantees Bubs a minimum supply volume of 2.2 million litres through to May 2019 and 6.2 million litres the following year.The milk will be processed to powder at a New Zealand facility, ready for export to Australia where it will undergo further processing to produce Bubs’ range of CapriLac adult milk powders.
how many goats are there in Australia, page-5
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