The directors of TMA Group of Companies (TMA) are very pleased to advise that its subsidiary, TMA Australia Pty Ltd, has won and now signed a new contract to supply in store and distribution centre self adhesive labels to the Coles Division of Wesfarmers Limited (WES). The contract term is for a period of up to five years which represents a significant expansion of TMA’s labels business. Initial estimates indicate that the contract will generate revenue of approximately $7 Million per annum.
Anthony Karam, CEO of TMA, stated: “The contract represents a further expansion of TMA’s business which will increasingly optimise the utilisation of TMA’s existing production capacity. The addition of another ‘blue chip’ client to TMA’s labels division reinforces TMA’s reputation for product quality, service capability and delivery.”
http://www.traderdealer.com.au/Fundamentals/tma
