Aldi signs new contracts worth €26m with four Irish suppliers
New deals and contract extensions with Lakeland Dairies, Clandeboye Estate Yogurt, donnelly fresh produce and Velo Coffee Roasters
21 September 2023
Aldi Ireland has agreed four major new deals with Irish-based suppliers worth more than €26 million.
According to Aldi, the new and extended contracts continue its long-standing commitment to its Irish supplier network, which is now more than 330 strong, with whom the retailer will spend in excess of €1.1 billion this year.
Some of the contracts, which were announced at the National Ploughing Championships earlier today, will also see Aldi open up new international markets for the suppliers’ products.
The County Cavan-headquartered supplier has signed a new deal worth €15.3 million per year with Aldi. The new contract will see Lakeland Dairies’ footprint grow as it continues to supply milk and dairy products, including Clonbawn fresh and light milk, to Aldi stores nationwide.
Clandeboye Estate Yogurts
Clandeboye has been working with Aldi for more than ten years. This new two-year deal worth €9.9m (£8.6m) will see the Bangor-based supplier continue to supply Aldi Ireland with granola and Greek style craft yoghurts, as well as supplying Aldi UK stores for the first time. The international expansion should allow the supplier to grow its sales volumes by more than 450% and expand its 20-strong workforce.
Donnelly Fresh Produce
Having supplied Aldi for more than two decades, the latest deal will see the family-run producers continue to supply cauliflowers to Aldi for the next two years and is worth more than €1m to Donnelly Fresh Produce. The North County Dublin company also supplies Aldi with various vegetables, citrus, salads, berries and fruit.
Velo Coffee Roasters
A former Grow with Aldi winner, Velo Coffee Roasters have signed a new contract with Aldi, which will see them introduce a new El Salvador blend product to Irish shelves. The new El Salvador blend is a winner of the Blas Taste Awards.
Colin Breslin, managing director of Buying and Services, Aldi Ireland, announced the investment with the four brands, stating: “The scale of this investment, worth more than €26 million, shows how much we value our supplier partners – how we want to help them sustain and grow their businesses, how we’ve stood shoulder to shoulder with them throughout what have been a few challenging years, and how we want to help them create new jobs across the country, and unlock new markets for their produce.”
“We look forward to working with each of these suppliers, and these rest of our 330-strong supplier network, for many years to come,” he added.
Minister for Agriculture, Food and the Marine, Charlie McConalogue, also welcomed the announcement, noting: “Providing producers with a route to market such as this is of key importance to help them grow their businesses, create employment, and support economic activity across Ireland.”