Canadian dairy group Saputo is continuing to examine further M&A opportunities even as it digests recent acquisitions including Australia's...
Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it...
Canadian dairy giant Saputo is expanding apace internationally as it looks to offset domestic challenges with growth overseas. The group is...
Two of the bidders for Warrnambool Cheese and Butter Factory have this week made fresh offers for the Australian dairy. The focus now moves...
Saputo has beefed up its scale through a swathe of acquisitions in recent years and the Canadian dairy company could seal a long-awaited deal to acquire Australia's Warrnambool Cheese and Butter Factory. But ambitious Saputo seems unlikely to rest on its laurels. Katy Askew caught up with president and COO Kai Bockmann at this year's Anuga to find out more about Saputo's growth drive.
This week, the spotlight on the relationships between suppliers and retailers turned to Australia, where a new code of conduct is to be set up. Meanwhile, Spain's anti-trust watchdog fined 11 dairy companies over alleged price collusion. A series of M&A deals this week included Dr Oetker's move for European frozen cake maker Coppenrath & Wiese. And our latest management briefing analysed the opportunities for packaged food manufacturers in the US foodservice market.
Warrnambool Cheese and Butter Factory - the Australian arm of Canadian dairy group Saputo - has struck a deal to acquire the everyday cheese business of Lion Pty Ltd for approximately A$137.5m (US$107.1m).
Saputo has booked higher nine-month sales and earnings as the Canada-based dairy group benefited from higher cheese and butter prices in the US, as well its acquisition of Australian business Warrnambool Cheese and Butter Factory.
Mexican bakery giant Grupo Bimbo has reached an agreement to buy Saputo's bakery business for C$120m.
Canadian dairy giant Saputo has reported higher half-year profits on the back of its acquisition of Australian dairy Warrnambool Cheese and Butter Factory and improvements from its US business.
Saputo Inc in Packaged Food (Canada)
Saputo Inc will continue to focus on value-added products to achieve volume growth in the dairy category, notably within fine speciality cheese and value-added milk. The company sold its bakery divisi...
Dairy in Canada
Dairy in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). The profile also contains descriptions...
Global Dairy Food Market: News and Events January 2014
The report provides a review of the latest news and key events in the global dairy food market during January 2014. Summary Using this report, marketers will effectively gain an insight into the late...
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