Zespri Has Signed An Agreement To Increase Fruit Sales In China By 50% Over The Next Three Years

Zespri has signed an agreement to increase fruit sales in China by 50% over the next three years. Zespri chairman Bruce Cameron was in Shanghai to sign the agreement with Joy Wing Mau and Goodfarmer, Zespri’s two largest distributors in China. The deal means Zespri fruit will be sold in 90 cities by the end of 2026. At present, it is sold in 60. And Comvita Chief Executive David Banfield has signed a memorandum of understanding with Ole Supermarkets with the two companies sharing long-term commercial goals to work together. Comvita has also had meetings with China’s largest online retailers JD and TMall. Comvita’s revenue in China increased 50% between 2019 and last year.