Beston announces major contract win, CEO resignation

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Food, beverage, & wellness firm Beston Global has announced a multimillion cheese supply agreement with ‘one of the world’s leading food companies operating in Australia’.

The 18-month contract, valued at more than $20 million per annum, will see Beston supply around 3,600 metric tons of mozzarella and other cheese products per annum from its cutting-edge mozzarella plant in Jervois, South Australia.

Beston’s interim CEO Darren Flew said that new contract – coupled with repeat business from several blue-chip food manufacturing and retail companies in Australia – meant half of the company’s total mozzarella production capacity would be locked up from the start of 2022.

“Our customer prides itself on the quality of its frozen food products and hence it is very pleasing to have the premium quality of Beston’s mozzarella and other cheese products recognised and endorsed by one of the world’s leading food companies,” Mr Flew said.

“The contract reflects the results of three years of hard work from the combined efforts by Beston’s sales and production teams and.

“The contract again highlights the benefits of the state-of-the-art mozzarella plant that Beston installed at Jervois which has the flexibility to produce mozzarella of different specifications to meet the particular requirements of different customers.”

The company, which provides direct and indirect employment for nearly 300 people, also announced the resignation of current CEO Johnathan Hicks, who had been on a compassionate leave since mid-April.

Beston said the role of Interim CEO has been entrusted to current Chief Financial Officer, Darren Flew, with a national and international executive search for a new CEO already underway.

Image credit: https://bestonglobalfoods.com.au/
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