Saputo

Pic: Getty Images/DiyanaDimitrova

Saputo solar project completed

By Jim Cornall

Global solar developer Lightsource bp has finished the construction of a 5MW solar project at the Davidstow creamery, which is home to Saputo-owned Cathedral City cheese.

Pic: Getty Images/Rowena Kong

Saputo net earnings down in second quarter

By Jim Cornall

Canadian dairy company Saputo Inc. has reported its financial results for the second quarter of fiscal 2022, which ended on September 30, 2021.

Pic: Getty Images/pichet_w

Saputo acquiring Carolina Aseptic and Carolina Dairy

By Jim Cornall

Canadian dairy company Saputo Inc. has announced it has completed the acquisition of the Carolina Aseptic and Carolina Dairy businesses formerly operated by AmeriQual Group Holdings, LLC (Carolina Aseptic and Carolina Dairy).

Saputo is merging its US divisions. Pic: Getty Images/Rowena Kong

Saputo merging US divisions

By Jim Cornall

Canadian dairy company Saputo Inc. has published its financial results for the first quarter of 2021, which ended on June 30, 2020.

A range of products can be created from the recycled packaging. Pic: TerraCycle

Cathedral City launches first cheese packaging recycling program in UK

By Jim Cornall

A large proportion of flexible plastic cheese packaging currently ends up in landfills across the UK, but now Cathedral City, a brand owned by Saputo Dairy UK, is working with TerraCycle to recycle flexible cheese packaging through the Cheese Packaging...

Saputo's takeover of Dairy Crest in the UK was the sector's biggest acquisition in 2019.

Mergers and acquisitions up again in annual Zenith report

By Jim Cornall

Zenith Global has published its database of food and drink company mergers and acquisitions in 2019, and the data show the previous record high of 777 in 2018 was broken again, with 789, an average of 15 each week.

The proposed acquisition would combine processing plants of the second and third biggest buyers of raw milk in Tasmania.

ACCC expresses concerns over Saputo cheese business acquisition

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) said it has preliminary competition concerns about Canadian dairy company Saputo’s proposed acquisition of the Tasmanian-based cheese business of competitor Lion Dairy & Drinks.

On April 15, 2019, Saputo Inc. completed its acquisition of Dairy Crest.

Dairy Crest becomes Saputo Dairy UK

By Jim Cornall

Following its acquisition by Canadian dairy company Saputo Inc., UK company Dairy Crest has changed its name to Saputo Dairy UK.

Saputo has made five acquisitions in the last 13 months, bumping up its revenue. Pic: Getty/haurashko_ksu

Saputo’s annual revenue jumps 17% after three acquisitions

By Beth Newhart

Saputo Inc. reported its latest fourth quarter and fiscal year results, ending March 31. It completed a series of acquisitions last year that contributed to higher revenue, while low cheese prices and struggles with the Canadian dollar hurt overall earnings.

Saputo will take over 170 employees in the deal.

Saputo acquires F&A Dairy for $85m

By Beth Newhart

Saputo Inc. announced Friday that it will acquire F&A Dairy Products Inc. for $85m, including two manufacturing facilities and approximately 170 employees.

Bega Cheese is buying the Koroit plant from Saputo for A$250m.

Bega Cheese to buy Koroit plant from Saputo

By Jim Cornall

Canadian dairy company Saputo Inc., which agreed to sell its Koroit plant in Victoria, Australia, as part of its takeover of Murray Goulburn Co-operative Co. Limited, has entered into an agreement with Bega Cheese Limited to sell the plant.