UK: Saputo to sell UK dairy operations to Lactalis
Saputo, the Canada-based dairy processor, has entered into a definitive agreement to sell its Dairy Division (UK) to Lactalis for an enterprise value of approximately £988 million ($1.28 billion). The transaction includes five manufacturing facilities and local brands, including Cathedral City, Wensleydale, Davidstow, Clover and Country Life. Over the last four quarters, the UK unit […]
Argentina: Saputo to sell 80% stake in dairy unit to Gloria Foods
Saputo, the Canadian dairy processor, has entered into a definitive agreement to sell an 80% interest in its Argentine dairy division to Gloria Foods for an enterprise value of approximately C$855 million ($630 million). The transaction involves Molfino Hermanos, the Argentine subsidiary that operates two manufacturing facilities and owns local brands including La Paulina, Ricrem […]
UK: Saputo to close North Yorkshire facility
Saputo UK, a division of Canadian dairy company Saputo, has announced the closure of its Kirkby Malzeard creamery in North Yorkshire with the potential loss of 80 jobs. Production will be relocated to another Saputo facility in Nuneaton, Warwickshire, where significant investment has reportedly been made to enhance efficiency and reduce costs. The Kirkby Malzeard […]
Australia: Saputo to shut down King Island Dairy
Dairy firm Saputo Dairy Australia has announced it is closing down the King Island Dairy cheese production facility and retiring the brand in mid-2025. In a statement, Saputo Dairy Australia said the decision had been taken following an intensive ten-month review of all commercial and financial alternatives for the Dairy, including a potential sale to […]
USA: Saputo revamps cheese manufacturing network
Saputo, the Canadian dairy giant, has announced plans to close facilities in Lancaster (WI), Big Stone City (SD), Green Bay (WI), and South Gate (CA), as part of a revamp of its cheese manufacturing networl. At the same time the company is expanding operations at the new automated cut-and-wrap facility in Franklin (WI). Commenting on […]
USA: Saputo to strengthen dairy division with Carolina Aseptic and Carolina Dairy deals
Saputo, the Canadian dairy giant, has announced the acquisition of the Carolina Aseptic and Carolina Dairy businesses from AmeriQual Group for $118 million in a bid to strengthen its presence in the US market. The two new acquisitions will help Saputo to quickly tap into growing demand for aseptic protein beverages and nutritional snacks, the company […]
Canada: Saputo to acquire two dairy alternative companies for CAD187 million
Canadian dairy company Saputo has strengthened its presence in the non-dairy cheese and value-added ingredients sector with two acquisitions for CAD187 million ($72.6 million approx). The acquisitions follow the company’s strategy to expand and accelerate its presence in the dairy alternative sector. The companies acquired by Saputo are the Scottish manufacturer, marketer, and distributor of […]
Australia: Saputo acquires Lion Australia’s speciality cheese business
Saputo, a Canadian dairy company, has announced that it has entered into an agreement to acquire the specialty cheese business of Lion Australia for A$280 million ($197 million). The deal is said to include all of Lion Australia’s specialty cheese brands, including King Island Dairy, Tasmanian Heritage, South Cape, Mersey Valley, Heidi Farm and Australian […]
UK: Saputo announces deal for Dairy Crest
Saputo, the Canadian dairy giant, has announced it has reached an agreement to acquire its UK peer Dairy Crest in a deal worth around £975 million ($1.28 billion). Headquartered in the UK, Dairy Crest manufactures and markets cheese, butter, spreads and oils under leading brands such as Cathedral City, Clover, Country Life and Frylight, and also produces value-added dairy ingredients. […]
Australia: Bega Cheese acquires facility from Saputo
Bega Cheese, the Australian cheese firm, is to acquire a manufacturing facility in the state of Victoria, Australia from Canadian dairy giant Saputo, according to an ABC report. Saputo was required to sell the plant by Australian competition regulators as a result of its acquisition of dairy firm Murray Goulburn. Located in the town of […]