Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Canada

Saputo Chooses To Focus On Cheese

February 2008 | Company News Alert

Canada's largest dairy firm Saputo has announced it is to buy US dairy cooperative Alto in a deal worth US$160mn. This move marks the firm's third major foreign acquisition in less than a year; in February 2007 Saputo acquired the Land O'Lakes industrial cheese business on the US West Coast for US$216mn and about a month later it acquired the Dansco Dairy Products operations in the U.K. These moves represent a new strategy of looking outside of Canada for growth after the firm became the leading player in its relatively small

To read the full article, please choose one of the following options:

Subcribers please log in

Americas InsightAmericas Channels Americas Countries