Few Buzzing ASX COVID Warriors: BUB Bubs Australia Limited,...

Few Buzzing ASX COVID Warriors: BUB




Bubs Australia Limited, entering into new Supply Agreement:

Bubs Australia Limited (ASX: BUB), providing a range of premium infant nutrition, has signed a new supply agreement with Coles Supermarkets Australia. As per the agreement, 482 Coles supermarkets will have Bubs Organic® Grass Fed Infant Formula delivered. The initial orders would be processed in mid of May 2020 and would reach the stores during the early June 2020.

Other than this, Bubs has also signed an agreement with Baby Bunting, which is the largest nursery retailer in Australia. Under the agreement, Baby Bunting would range a total of 16 products which includes Bubs® Goat Milk Infant Formula, Bubs Organic® Grass Fed Infant Formula, and Bubs Organic® baby food pouches & cereals in 52 stores. The initial orders have been produced, and as projected by the company, the product would reach the store in May 2020.

Earlier, in February 2020, it had also entered into a supply agreement with Woolworths to increase the store range for Bubs Organic® Grass Fed Infant Formula from 700 to 800 stores in numbers.