Saputo

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Saputo commits to wide-ranging environmental goals

11 Feb 2020

Canadian dairy giant Saputo has unveiled environmental targets linked to climate, water and waste that it wants to achieve by 2025.

Canada's Saputo sets out plant-based stall

7 Feb 2020

Saputo, the Canada-based dairy giant, has signalled its intention of building a presence in the plant-based area.

Dairy major Saputo to shut two plants

7 Feb 2020

Saputo, the Canada-based dairy giant, is to close two of its production facilities as part of "continual" moves to increase efficiency and reduce costs.

Plant-based priorities - dairy companies with a stake in dairy-free

5 Feb 2020

Andy Coyne rounds up what the world's leading dairy businesses, or food majors with a significant dairy offering, are providing in the dairy-free product area.

UK food, beverage M&A volumes down in 2019 as Brexit uncertainty hits - research

27 Jan 2020

Research by corporate finance advisory firm Oghma Partners has revealed UK food and beverage M&A volumes and values in 2019.

2019 - The year in food industry M&A

11 Dec 2019

Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during 2019.

New products - Tyson introduces Air Fried Chicken; Halo Top goes "indulgent" in the UK; Good Hemp debuts CBD-infused milk; Danone rolls out Alpro soy drinks

25 Oct 2019

This week's batch of new product launches includes CBD-infused milk from Good Hemp high-protein soy drinks from Alpro and "indulgent" ice creams from Halo Top.

New products - Strauss chocolate "first"; Saputo's Vitalite dairy-free cheese; Vegan pizza from Garden Gourmet; Goodbelly "gut-friendly" cereal

4 Oct 2019

This week's batch of new products includes a "gut-friendly" breakfast cereal from Cereal Partners Worldwide and Strauss Group claiming a "first" in the chocolate market.

Saputo-Lion cheese deal green-lighted by Australian competition watchdog

26 Sep 2019

Australia's competition watchdog has ruled on the proposed acquisition by Canadian dairy company Saputo of the Lion speciality cheese business.

How M&A in packaged food looked in H1 2019

13 Aug 2019

Using data from just-food.com and parent organisation GlobalData, we present a flavour of M&A activity in the international packaged food sector in the first half of the year.

Australia's competition body raises concerns over Saputo's deal for Lion Dairy

8 Aug 2019

Australia's competition watchdog has raised concerns about the acquisition by Canadian dairy company Saputo of speciality cheese assets owned by an Japan's Kirin Holdings. 

New products - Mars takes Juicy Fruit to India; Kraft Heinz debuts spoonable smoothie; Caulipower launches blended chicken-and-cauliflower line; Oatly dairy-free ice cream hits US

21 Jun 2019

This week's batch of new products includes the latest developments from companies including Quorn Foods, Danone and Dairy Crest.

Brexit blamed as UK food M&A activity "hits nine-year low"

15 May 2019

Corporate finance advisory firm Oghma Partners has commented on the 'Brexit effect' on merger and acquisitions activity in the UK food and beverage industry.

Dairy Crest CEO Mark Allen steps down after Saputo takeover

8 May 2019

Canadian dairy company Saputo has revealed a change at the top of Dairy Crest, the UK-based peer it bought earlier this year.

Saputo to acquire Lion Dairy speciality cheese business in Australia from Kirin

26 Apr 2019

Canada's Saputo has emerged as the winner in the battle to buy an Australian-based speciality cheese business which has been on the market since October.

Saputo still on acquisition trail after Dairy Crest deal

16 Apr 2019

Canadian dairy giant Saputo has outlined its acquisition strategy after closing the CAD1.7bn (US$1.27bn) deal to buy UK peer Dairy Crest.

Saputo marks European return with move for likely target Dairy Crest - analysis

1 Mar 2019

Saputo, one of the world's top-ten dairy companies, is set to return to Europe after a six-year absence with the acquisition of UK firm Dairy Crest. We weigh up the move.

Canada's Saputo swoops to buy UK's Dairy Crest

22 Feb 2019

UK manufacturer Dairy Crest, home to brands including Clover butter and Cathedral City cheese, has agreed to a takeover offer from a larger, overseas peer.

Canadian dairy business Saputo 'eyeing Westland Milk assets'

23 Jan 2019

Canadian dairy heavyweight Saputo is reportedly among the interested parties seeking to buy New Zealand's second-largest dairy cooperative.

New Products - Nomadic unveils on-the-go Lovely Live Yogurt range; Nestle launches Nesquik Alphabet cereal in Spain; Kellogg introduces Hi Happy Inside cereal; Conagra Brands rolls out on-the-go Evol meal bowls

16 Nov 2018

This week's news includes new products from companies including Nestle, Kellogg, Saputo and Hormel, taking in markets in North America, Europe and Asia.

Saputo coy on Kirin's sale of Lion's dairy business

5 Nov 2018

Saputo, the Canadian dairy giant, has refused to be drawn on whether it is looking to acquire the dairy assets of Lion, the Australian food and drinks group.

Saputo plans new dairy facility in British Columbia

2 Nov 2018

Canadian dairy group Saputo plans to build a new facility in British Columbia to replace an existing site.

Saputo signs deal for F&A Dairy Products

26 Oct 2018

Canadian dairy business Saputo has signed an agreement to make another acquisition, snapping up a business supplying the US and Mexico.

'Saputo, Yili in running for Kirin's Australian dairy business'

24 Oct 2018

Inner Mongolia Yili Industrial Group Co., one of China's largest dairy companies, is reportedly among potential bidders in the race to buy Kirin Holding's Australian food and beverage business.

Saputo to sell Koroit dairy plant to Australia's Bega Cheese

18 Jul 2018

Saputo has agreed to sell the Koroit plant in Australia to local firm Bega Cheese for around CAD244m (US$184.3m) as part of a condition entered into with competition authorities when the Canadian dairy business acquired Murray Goulburn.

Canada's Saputo sets out acquisition stall with up to five companies on radar

8 Jun 2018

Further acquisitions for Canada-based dairy business Saputo seem a hot topic for 2019 to follow the purchases of local peer Shepherd Gourmet and Australian dairy cooperative Murray Goulburn.

Saputo buys Canadian dairy firm Shepherd Gourmet

24 May 2018

Canada-based dairy giant Saputo has snapped up local peer Shepherd Gourmet to boost its presence in "speciality" cheese and yogurt.

Food industry M&A eases in April versus Q1 - data

4 May 2018

just-food's index of M&A in the packaged food sector highlights the volume of deals being announced, as company strategists look to M&A to gain an edge on their competition.

Murray Goulburn CEO Ari Mervis to stand down when Saputo deal completed

19 Apr 2018

Australian dairy giant Murray Goulburn has announced chief executive Ari Mervis is to leave his role following the company being sold to Canadian peer Saputo.

Australia's ACCC approves Saputo's takeover of Murray Goulburn

4 Apr 2018

Australia's competition watchdog has approved the US$1bn purchase of dairy processor Murray Goulburn by Saputo after the Canadian firm agreed to sell the Koroit milk powder plant, removing a barrier that had threatened to block the deal.

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