Keytone Dairy has been awarded a contract by Walmart (China) Investment Co., Ltd (“Walmart China”) to contract manufacture milk powder for Sam’s Club West, Inc. (China) (“Sam’s Club China”), a wholly owned subsidiary of Walmart Inc.
Sam’s Club is an American chain of membership-only retail warehouse clubs owned and operated by Walmart Inc., with 597 membership warehouse clubs in the US and 208 membership warehouse clubs internationally (including Mexico, Brazil and China). For the fiscal year ending 31 January 2018, Sam’s Club generated US$59bn in revenue globally. Sam’s Club has over 50 million members globally, and Sam’s Club China operates 18 superstores in China, located in Beijing, Shanghai, Shenzhen, Guangzhou, Fuzhou, Dalian, Hangzhou, Suzhou, Wuhan, Changzhou, Zhuhai, Tianjin, Xiamen, Nanjing and Changsha. Sam’s Club China offers multi-channel distribution platforms for customers, including physical stores, online and via Sam’s Club WeChat page.
Under the contract, Keytone Dairy will manufacture and provide Walmart China with Sam’s Club private label-branded whole milk powder and skim milk powder. Over an extensive period of time preceding the execution of the contract, Walmart China has completed extensive compliance and quality audits on Keytone Dairy’s facilities in Christchurch, New Zealand, demonstrating Walmart China’s commitment to the relationship with Keytone Dairy as its contract manufacturer. Keytone Dairy has passed the rigorous audits in order to qualify for the supply arrangement and is pleased to have met Walmart China’s quality and production standards.