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.
