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Tag Archives Saputo — page 2

A worker at Chilliwack Cattle Sales is shown kicking a dairy cow in the head in covert video from 2014. (Mercy For Animals via Youtube)
Dairy cattle, Livestock

Major dairy farm gets six-figure fines in cruelty case

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British Columbia’s largest dairy farm has been slapped with a reported $300,000 in fines after entering guilty pleas to charges of animal cruelty, stemming from covert video shot in 2014. Chilliwack Cattle Sales (CCS) and co-owner Wesley Kooyman were convicted Friday in Provincial Court over violations of the province’s Prevention of Cruelty to Animals Act.
Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)
Dairy cattle, Livestock

Saputo profit jumps, dividend raised

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Reuters — Saputo Inc., one of Canada’s largest dairy producers, reported on Tuesday a 30 per cent jump in net earnings and boosted its quarterly dividend by 11 per cent. For Saputo’s fiscal 2017 first quarter, net income rose to $176.7 million, or 44 cents a share, from $136.4 million, or 34 cents, in the
Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)
Dairy cattle, Livestock

Saputo eyes Brazil for acquisitions

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Reuters — Saputo Inc., one of Canada’s largest dairy producers, has an eye on Brazil for possible acquisitions, and could make deals worth as much as $3.5 billion, its CEO said Thursday. The struggling global dairy industry is fragmented, potentially yielding opportunities, Lino Saputo Jr. said. The company would like to buy cheesemaking plants in
(Dave Bedard photo)
Dairy cattle, Livestock

Agropur eyes further U.S. acquisitions

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Reuters — Canada’s second-biggest dairy, Agropur Co-operative, said it is looking to grow in the U.S., possibly through acquisitions, in the face of an expected erosion of its market share at home due to recent international trade deals. Agropur, whose brands include Iogo yogurt and Oka cheese, and larger rival Saputo have already built U.S.
Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)
Dairy cattle, Livestock

Saputo earnings up with weaker loonie

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Reuters — Saputo, one of Canada’s largest dairy producers, reported higher than expected adjusted earnings on Thursday, helped by weakness in the Canadian dollar. For its fiscal third quarter, adjusted net income rose 13.5 per cent to $175.4 million, or 44 cents a share. Revenue during the quarter, which ended Dec. 31, rose 2.8 per
Woolwich Dairy began marketing goat cheese-based salad dressings in 2011. (WoolwichDairy.com)
Dairy cattle, Livestock

Saputo buys goat cheesemaker Woolwich Dairy

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Canada’s biggest cheesemaker is expanding its reach in the goat dairy market with a friendly all-cash takeover of Ontario goat cheese firm Woolwich Dairy. Montreal-based Saputo announced Monday it has paid $80 million for the family-owned cheesemaking company, including its three plants and distribution centre. Based at Orangeville, north of Guelph, Woolwich has operated since

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