Dawn Meats and Aldi have signed a new, five-year supply contract worth €125m.
Dawn Meats has been supplying Aldi since 2010 and, under the terms of the new deal, it will increase the amount it sells to Aldi by 35%. It will also add six new lines to the Aldi range.
The Waterford-based meat supplier said it will recruit 15 new workers on the back of the new contract.
It also said the deal has provided it with the confidence to "accelerate" a €5m expansion plan for its facility in Waterford.
Dawn Meats has been operating in Waterford since 1980 and now has 11 sites across the country.
It employs more than 8,000 people across 12 countries, and supplies major companies including McDonald's and Subway.
The Aldi deal comes on the back of Dawn Meats securing approval to export to the South Korean market, which recently opened its doors to Irish beef.
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Last year Dawn Meats was also given approval to acquire another meat processor, Kildare Chilling.
Niall Browne, Dawn Meats CEO, said that for over 10 years now, the company has been proud to be involved with Aldi Ireland's success story providing an increasing range of consistent quality and sustainably sourced meat products.
"We look forward to continue developing, growing and innovating with Aldi, building on our long-standing successful relationship," he added.
Colin Breslin, Managing Director of Buying and Services at Aldi Ireland, said the supermarket brand is deeply committed to supporting our Irish suppliers.
"Our recent economic impact report revealed that since we first opened in 1999, ALDI has spent more than €10 billion with Irish suppliers, demonstrating the scale of our commitment to Ireland. Today, we’re proud to work with more than 330 Irish suppliers and continue to provide high quality products and unbeatable value to all our customers," he said.
"We are delighted to extend our relationship with Dawn Meats, a company that shares our commitment to quality and sustainability. This continued partnership ensures that our customers can enjoy the best Irish beef, sourced sustainably, and produced to the highest standards," he added.
The Minister for Agriculture, Food and the Marine Charlie McConalogue said he welcomed the announcement by Aldi of their continued commitment to Irish suppliers and their support for producers around the country.
"This €125m announcement with Dawn Meats is an indication of the scale of Aldi’s commitment to the Irish beef sector and is an endorsement of the quality of beef produced by Irish farmers every day," he added.
Founded in 1980 in Waterford, Dawn Meats employs over 8,000 employees in 12 countries and has 11 sites across Ireland. It supplies major retailers, manufacturers and food service operators across the globe.
