Saputo

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.

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