Zoono Group Limited (ASX: ZNO) announces a transformative exclusive agreement with Sharpak Aylesham Limited and OSY Group Limited, marking a significant milestone in the Company’s strategic pivot toward specialized market segments. This partnership represents a major advancement in addressing global food waste challenges, particularly in the UK soft fruits sector.

Key Developments:

Exclusive contract secured until December 31, 2029 for the UK market
Minimum purchase commitments escalating from NZ$4.3M to NZ$8.6M annually
Technology endorsed as “game-changing” by leading UK premium supermarket
Right of first refusal for European Union, Norway, and Switzerland markets
Initial focus on soft fruits packaging with potential for broader application

Commercial Impact:

Guaranteed minimum revenue of NZ$30.7M over five years
First orders expected following completion of in-store trials in late 2025
Production ramp-up scheduled for Q1-Q3 FY2026
Ongoing trials with three major UK supermarket chains showing positive results

Market Opportunity:

Global food waste estimated at US$2.6 trillion annually
UK fresh produce market valued at approximately NZ$187B
Technology demonstrates up to 50% reduction in food waste
Compliant with UK & EU Food Contact Material Regulations

The partnership leverages Sharpak’s dominant position in UK soft fruits packaging and Zoono’s innovative preservation technology, creating a comprehensive solution for the food industry’s waste reduction challenges.