July 28 (Reuters) - MG Unit Trust (MGC) :
- Murray goulburn - announced that woolworths has selected a new supplier
- Mg retains the contract to supply private label mozzarella shred cheese as well as the contract to supply private label butter
- Mg will adjust future manufacturing planning to redirect capacity to other markets
- Annualised revenue loss will be about $108 million, however financial impact on Mg in FY 2017 will be limited given timing of existing contracts completing
- Supplier to manufacture and pack a range of its private label products including cheese, uht, adult milk powder and cream
News: WOW MG Unit Trust says Murray Goulburn has selected woolworths as new supplier
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