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Goodtech secures approx. 2 MUSD annual revenues through 5-year contract renewal in Japan

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Goodtech secures approx. 2 MUSD annual revenues through 5-year contract renewal in Japan

Goodtech and Hokuren Federation of Agricultural Cooperatives have signed a new 5-year supply contract for its PORTABULK® technology, packaging products and services to Japan.

This agreement represents the latest renewal of a fruitful cooperation stretching back almost 30 years. The cooperation has typically yielded annual revenues in excess of 2 MUSD for Goodtech AS – which is expected to continue in a similar manner for the upcoming 5 years.

The Hokuren Federation of Agricultural Cooperatives is headquartered in Sapporo, on the island of Hokkaidō - Japan's predominant agricultural area. The company is a leading supplier of high-quality agricultural products and services to this segment in Japan, and Hokkaidō - with its fertile land and nutrient-rich sea-scape, leads the country in the production of rice and fish while also sharing the lead in vegetable farming.

For the execution of the contract deliveries, Goodtech AS cooperates very closely with its local Japanese representative – Mitsubishi Shoji Agri-Service Corporation.

Margrethe Hauge, CEO at Goodtech, underpins the importance of the renewed partnership:

«Our enduring and deep-rooted relationship with both Hokuren and Mitsubishi is highly regarded in Goodtech and we are very pleased to announce this continuation of our valued partnership. Together we have served the Hokkaidan agricultural segment for close to 30 years and, in signing this new long-term contract, we look forward to continuing our successful cooperation in the years to come."

The overall supply agreement has a 5-year duration and its total value is expected to exceed 10 MUSD. The contract fits well into Goodtech’s core market areas within industrial production optimisation, where Goodtech – as a Nordic leading specialist in industrial automation, robotisation and digitalisation, works to deliver customer value through more efficient, profitable and sustainable production systems.

For more information, please contact:

Margrethe Hauge, CEO Goodtech ASA
Phone: +47 957 96 920
Email: Margrethe.hauge@goodtech.no

Øyvind Osjord, CFO Goodtech ASA
Phone: +47 950 46 649
Email: oyvind.osjord@goodtech.no

Emner


Om Goodtech

Goodtech er en av Nordens ledende systemintegratorer med mer enn 300 dyktige ingeniører og fagspesialister som med sin erfaring og kompetanse bidrar til å effektivisere industrien – hver dag! Vårt samlede kompetansespekter lever opp til ambisjonen om å digitalisere industrien og bedre våre kunders konkurransekraft gjennom å kombinere vår prosess- og løsningskompetanse med ny software, teknologi og optimeringskompetanse.

Goodtech er notert på Oslo Børs, omsetter for ca. NOK 500 millioner og har omkring 300 medarbeidere i Norge og Sverige.

Kontakter

Margrethe Hauge

Margrethe Hauge

Pressekontakt Konsernsjef/CEO +4795796920
Øyvind Osjord

Øyvind Osjord

Pressekontakt CFO +47 950 46 649

Over 100 år med innovasjon og utvikling

Goodtech er en av Nordens ledende systemintegratorer med mer enn 300 dyktige ingeniører og fagspesialister som med sin erfaring og kompetanse bidrar til å effektivisere industrien – hver dag! Vårt samlede kompetansespekter lever opp til ambisjonen om å digitalisere industrien og bedre våre kunders konkurransekraft gjennom å kombinere vår prosess- og løsningskompetanse med ny software, teknologi og optimeringskompetanse.

Goodtech er notert på Oslo Børs, omsetter for ca. NOK 800 millioner og har omkring 350 medarbeidere i Norge og Sverige.

Goodtech ASA
Innspurten 15
0663 Oslo
Norway