Aldi Ireland has agreed a new €14.7m deal with Co Tipperary-based spring water producer Glenpatrick Spring Water, which will see the company continue to supply Aldi's 155 Irish stores with its drinks products over the next year.
Established in 1988, Glenpatrick Spring Water employs almost 300 people in Ireland and has been trading with Aldi for the last 20 years.
The new deal will allow the company to grow its workforce during 2023 as well as continuing to invest in additional warehousing and system upgrades.
The company has signalled its intention to create up to 10 new jobs in 2023, thanks to the new deal with the supermarket chain. .
Glenpatrick Spring Water products on sale at Aldi include still and sparkling spring water, vitamin water and fizzy drinks like rock shandy, red lemonade and lemon and lime.
Today's deal follows recent commitments by Aldi to suppliers Broderick's and Cookie Dó late last year.
These included €7.5m for Broderick's to continuing supplying all Aldi's Irish and UK stores, while also supplying 300 Aldi stores in the USA.
Last week, the company announced the creation of over 360 new jobs across the country this year as it continues to develop and grow its store network in Ireland.
Today's announcement also comes as Aldi's 330-strong supplier network gathers for its annual supplier conference at its headquarters in Naas in Co Kildare.
The event is taking place this year for the first time since the outbreak of the Covid-19 pandemic.
Representatives from Aldi's suppliers will hear about the latest developments within the retailer and discuss new product development opportunities available to its Irish supplier base.
These suppliers come from across Ireland and supply the chain with a variety of food and drink products such as preserves and chutneys, spirits, confectionery, fresh fish and seafood, sauces, yoghurt, juice, frozen meat and poultry, chilled bakery goods, rice and corn cakes, sliced meats and salads.
Aldi Ireland's Group Buying Director John Curtin said that Glenpatrick are a valued and trusted supplier who bring variety, quality and expertise to the supermarket's private label products in store.
Mr Curtin also said the company's research has shown that as customers are increasingly seeking value in their weekly shop during this cost-of-living crisis, they are continuing to make the switch to private label products.
"At Aldi, we are committed to championing our Irish producers so that our customers can enjoy the very best products Ireland has to offer and that our producers can continue to grow their business," he said.
"It has been a privilege to have so many of our suppliers together under one roof for the duration of the conference, and we look forward to working with them and announcing more deals throughout 2023 and beyond," he added.