A boutique Auckland yoghurt maker has signed a multimillion-dollar deal that will put its products in more than 8000 convenience stores in Japan.
Piako Gourmet Yoghurt has reached an agreement with a Tokyo-based company for its dairy food to be manufactured in Japan and sold in Lawson stores there.
The deal is potentially worth millions of dollars a year, said the company’s co-founder, Shaun Jacka.
“It is getting it manufactured by a Japanese dairy company over there and shipped in bulk to its facility where it will package and distribute it to approximately 8500 stores,” Jacka said. “It also wants to sell a range of Piako merchandise.”
This is the second foreign market Piako has cracked this year.
In May, its yoghurt hit the shelves of Harrods of London, rebranded under the name Little Melton Gourmet Yoghurt.
The company also signed a distribution deal with Fonterra in May, which over time will see the yoghurt in 90 per cent of New Zealand supermarkets.
More at NZ Herald.