Lindsay Australia (ASX:LAU) - CEO & Managing Director, Kim Lindsay
CEO & Managing Director, Kim Lindsay
Source: CEO Magazine
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Transport, logistics and rural supplier Lindsay Australia (LAU) has signed a new distribution agreement with the Visy Board
  • Visy is a privately-owned paper, packaging and recycling company
  • This agreement extends an already solidified commercial relationship that began in 2014
  • Visy will continue to supply corrugated packaging products to support Lindsay’s offerings to its horticultural customers
  • Company shares are up 2.94 per cent and are trading for 35 cents each

Transport, logistics and rural supplier Lindsay Australia (LAU) has signed a new distribution agreement with the Visy Board.

This agreement extends an already solidified strategic partnership that began in 2014. This agreement extension will become effective on January 1, 2021, until January 1, 2026.

“Our partnership with Visy is critical to meeting our customer’s needs across logistics, packaging and rural service proposition,” Managing Director Kim Lindsay said.

Visy was established in Melbourne in 1948 and has since become a world-leading privately-owned paper, packaging and recycling company.

The extended agreement will see Visy continue to supply corrugated packaging products. This further supports Lindsay Australia’s broad product and service offering to its horticultural customers.

Lindsay is closely aligned to agriculture and provides end-to-end solutions for Australia’s primary producers. It services can include direct farm pick-ups, delivering to produce and fish markets and distribution warehouses covering all types of refrigerated and frozen product.

“Visy enjoys a strong relationship with Lindsay’s and we are pleased this will continue for a further five years,” Visy Peter Lloyd said.

Company shares are up 2.94 per cent and are trading for 35 cents each at 11:55 am AEST.

lau by the numbers
More From The Market Online
AIZ plane

Air NZ up +1%, for some reason, even after suspending FY26 guidance

It’s only seen around $185,000 in trades share hands on Tuesday, but for some reason, at least one investor has thrown money at

Electro Optic pops +18% out the gate on back of Iran war bets

Electro Optic Systems (ASX:EOS) has seen its shares surge more than +18% out the gate on Monday in the
Qantas in the skies

Qantas slumps to $10/sh on costly Feb earnings miss; strong domestic demand not enough to save day

Qantas Airways has dropped to under $10/share right out the gates on Thursday morning after coming…
30mm cannon

Defence darlings Austal, Electro Optic have two very different Mondays after earnings

Two of the most popular defence stocks on the ASX of late, gov't-backed shipbuilder Austal and…