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IN BRIEF: Ross Group signs exclusive supply chain management deal

Wed, 23rd Nov 2022 17:40

Ross Group - London-based supply chain management and distribution company - Enters into a global exclusive supply chain management agreement with Energy Group LLC in US to initiate, monitor and manage all of their green hydrogen production and projects. Agreement will be principally through its subsidiary Ross Diversified Trading Ltd, which will be renamed as Energy Group International Ltd.

"We believe this new chapter in the long history of Ross Group will significantly build upon our specialist supply management services while focusing on decarbonizing critical industry supply chains; leading into a positive eco-friendly future," the firm says.

Current stock price: 1.21 pence

12-month change: down 58%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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