Saputo Will Close Dresser Cheese Plant
Less than six months after buying Dresser-based F&A Dairy, Montreal-based Saputo Cheese announced plans to close the facility at the end of May. …
Saputo
Saputo Announces Appointment in Senior Management
Following a mutually agreed upon decision and the successful completion of the transaction, Mr. Mark Allen is stepping down as Chief Executive of Dairy Crest. As such, Mr. Tom Atherton, Dairy Crest Deputy Chief Executive and Group Finance Director, is appointed President and Chief Operating Officer of Saputo’s Dairy Division (UK). This appointment, effective immediately, follows the succession plans set forth by the Division. …
Saputo to Acquire the Specialty Cheese Business of Lion-Dairy & Drinks Pty Ltd in Australia
Saputo Inc. announces today that it has entered into an agreement to acquire the specialty cheese business (the “Specialty Cheese Business”) of Lion-Dairy & Drinks Pty Ltd. The Specialty Cheese Business is conducted at two manufacturing facilities located in Burnie and King Island, Tasmania (Australia) and employs approximately 400 people. …
Dean Foods Stock Gains on Report of a Possible Saputo Purchase
Dean Foods stock was shooting higher Monday morning on rumors that Canada’s Saputo may be looking to buy the organic-foods maker. …
Dairy Crest Group accepts Saputo’s $ 1.7B offer
Saputo will officially set foot in Europe as of April 15, after its $1.7-billion offer for Dairy Crest Group was accepted by the United Kingdom-based company’s shareholders. …