Saputo, Canada’s largest dairy processor, could be getting into the plant-based protein beverage business if it can find the right deal.
“If there would be a great opportunity for us to make an acquisition in that space that could be something that could interest us quite a bit,” said Lino Saputo Jr., chairman and CEO of Saputo, in an interview with BNN.
Montreal-based Saputo has made 25 acquisitions since 1997 – including George Weston’s Neilson Dairy business in 2005 for $465 million and Dairyworld for $407 million.
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