The agreement had paved the way for a long period of growth, said Waitrose MD Mark Price.
"Waitrose and Ocado have worked well together for many years and are complementary businesses. We have a shared passion for high-quality food, outstanding customer service and great value."
Ocado CEO Tim Steiner added: "In areas where Waitrose and Ocado trade together, we have both grown significantly ahead of our competition."
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