Clover‚ Eqstra renew supply deal

Consumer goods and beverages group Clover Industries (CLR) said on Tuesday, 5 June 2012, it had renewed its existing outsourcing service agreement with Eqstra Flexifleet for a "substantial period of time" in a move to reduce costs in the supply chain. The company said the transaction would hold medium- to long-term benefits for both parties. "Clover will see some early financial benefits‚ which it will use to curtail selling price increases‚" it said. Source: I-Net Bridge