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Saputo buys further into Australian cheese market

Canada’s biggest dairy processor has reached a deal to buy further into the Australian market, by buying the “everyday cheese” business of Australian beverage and dairy giant Lion. Saputo on Monday said it had reached a deal for Warrnambool Cheese and Butter Factory, its 88 per cent-owned Australian subsidiary, to buy Lion’s “EDC” business for

Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)

Dairy cattle, Livestock

Saputo names new Canadian dairy head

By GFM Network News, Manitoba Co-operator Staff February 6, 2015

Canada’s biggest dairy processor has a new chief heading up its Canadian dairy division. Montreal-based Saputo Inc. announced Friday it named Carl Colizza, today the Canadian dairy division’s senior vice-president for strategic business development, as the division’s president and chief operating officer. Colizza, who’s worked for Saputo since 1998 and held several senior management posts

Dairy cattle, Livestock

Supply management limits growth in Canada, Saputo says

By GFM Network News, Rod Nickel February 5, 2015

Reuters — Canada’s tightly managed dairy sector limits domestic opportunities for Saputo, the country’s largest dairy, forcing it to focus on growth elsewhere, the company’s chief executive said Thursday. CEO Lino Saputo Jr. emphasized in an interview that the company is not lobbying Ottawa to either dismantle or preserve Canada’s supply management system for dairy,

Saputo’s bakery product lines include Vachon’s butter, pecan, lemon and sugar tarts. (Vachon.com)

Crops

Canada Bread to buy Saputo snack cake business

By GFM Network News, Manitoba Co-operator Staff December 18, 2014

Canada’s biggest dairy processor is set to sell its baked goods business to Canada Bread for $120 million cash. Montreal-based Saputo’s baked goods business is billed as Canada’s top producer of snack cakes, sold mainly in the Canadian retail market and “on a small scale” in the U.S. The company’s cakes are sold under the

Saputo profit jumps 17 pct on higher cheese, butter prices

By GFM Network News, Rod Nickel November 6, 2014

Reuters – Canada’s largest dairy producer Saputo Inc reported a 17 per cent jump in quarterly earnings on Thursday, boosted by higher U.S. cheese and butter prices and recent acquisitions. The Montreal-based company, whose brands include Dairyland and 1/2 Moon cakes, said it intends to buy back 5 per cent of its common shares during

Daily Network News

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Tag Archives Saputo

Saputo buys further into Australian cheese market

Saputo names new Canadian dairy head

Supply management limits growth in Canada, Saputo says

Canada Bread to buy Saputo snack cake business

Saputo profit jumps 17 pct on higher cheese, butter prices

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