Australia's Coles Group Limited is bidding to acquire two processing plants from Saputo Australia, a move that has put local dairy industry players on high alert.
Canadian dairy giant Saputo has said that it expects a ‘meaningful earnings improvement’ in 2023 and was bullish on the consumer outlook in dairy across core markets, despite some analysts warning of a possible demand slow-down.
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.
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).
Canadian dairy company Saputo Inc. has announced two acquisitions, one in the dairy alternatives space and the other in value-added ingredients, at a cost of around C$187m (US$154m).
A £3.2m ($4.5m) investment from the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) is boosting production of Saputo Dairy UK’s cheeses.
Canadian dairy company Saputo Dairy Products Canada has received more than C$300,000 (US$228,900) in funding from the Canadian Government under the Emergency Processing Fund (EPF).
A new report from UK independent consumer group Which? says two-thirds of branded grocery packaging is not fully recyclable – and several well-known cheese brands came in for criticism.
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...
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 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.
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.
Hot on the heels of its acquisition of UK company Dairy Crest, Canada’s Saputo Inc. has entered into an agreement to acquire the specialty cheese business of Australia’s Lion-Dairy & Drinks Pty Ltd.
Saputo Inc. announced Friday that it will acquire F&A Dairy Products Inc. for $85m, including two manufacturing facilities and approximately 170 employees.
Dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms, according to RaboResearch’s latest report, ‘Global Dairy Top 20 – A Shuffling of the Deck Chairs.’
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.
