EU Supply Renews Distribution Deal, Gets Notice For Two Contract Wins

Tue, 13th Sep 2016 08:11

LONDON (Alliance News) - E-procurement software firm EU Supply PLC on Tuesday said it has renewed a distribution deal and received notice on two contract awards.

The firm has extended its distribution deal in the Netherlands with CTM Solutions BV for three years. EU Supply said the distribution agreement renewal will be worth around EUR75,000.

EU Supply also said it has received notice from the Minister for Public Expenditure & Reform in the Republic of Ireland for its contract to be extended to May 2020.

In addition, EU Supply has received an intention to award for a three-year contract with existing Danish customer Faelesudbud Sjaelland, a consortium comprising over 15 Danish municipalities.

No financial details were disclosed on the deals in Ireland or Denmark.

Shares in EU Supply were up 2.4% on Tuesday morning at 10.50 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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