Saputo

Food industry company news

Subscribe via RSSWhat is RSS?

Saputo is a Canada-based dairy company. Founded by Giuseppe Saputo in 1954, Saputo is a public company, listed on the Torronto Stock Exchange as SAP. The head office for Saputo is located in Montreal, Quebec, Canada.

Latest Insights

On the money: Acquisitive Saputo hungry for more

Canadian dairy group Saputo is continuing to examine further M&A opportunities even as it digests recent acquisitions including Australia's...

Parmalat could milk Harvey Fresh in Oz, overseas

Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it...


Katy Askew | 10 Feb 2014

Canadian dairy giant Saputo is expanding apace internationally as it looks to offset domestic challenges with growth overseas. The group is expanding capacity in Argentina, has taken majority ownership of Australia's Warrnambool Cheese and Butter Factory in Australia and is hungry for more international M&A. Katy Askew reports.


Dean Best | 14 Nov 2013

Two of the bidders for Warrnambool Cheese and Butter Factory have this week made fresh offers for the Australian dairy. The focus now moves to the third suitor - Canadian dairy giant Saputo, which has long coveted an entry into the market and is eyeing the business as a way into Asia.


Michelle Russell | 13 Nov 2013

Dean Foods said an expected increased savings in the fourth quarter and into 2014 will help offset volume deleveraging from its lost business.


Katy Askew | 4 Nov 2013

The battle to acquire Warrnambool Cheese and Butter Factory has evolved into a complex series of tactical manoeuvres that could make Sun Tzu's The Art of War seem like light reading. Since the first takeover approach was announced, the tussle for WCB has seen industry majors Saputo, Murray Goulburn and Bega Cheese competing for ownership of the Australian dairy. With the stakes high, it is clear that it is all still to play for. Katy Askew reports.

Latest Interviews

Katy Askew | 8 Oct 2013

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.

Latest News

Simon Harvey | 1 Aug 2017

Canadian dairy producer Saputo booked higher sales and profits the first quarter ended June, noting higher selling prices in some of its key markets.


Ben Cooper | 30 Jun 2017

The Australian Dairy Industry Council (ADIC) has launched a voluntary code of practice to govern contractual arrangements between companies and dairy farmers.


Katy Askew | 5 Jun 2017

Canadian dairy group Saputo booked higher full-year earnings on the back of increased sales and lower financial costs.


Dean Best | 21 Feb 2017

Saputo has raised its offer to minority shareholders in Warrnambool Cheese and Butter Factory, the Australian firm in which the Canada-based dairy group, holds a majority stake.


Dean Best | 3 Feb 2017

Saputo, the Canada-based dairy group, is to cut jobs from its domestic operations in a bid to "improve operational efficiency" in a "low-growth and competitive market".


Dean Best | 3 Feb 2017

Canada-based dairy group Saputo has reported increased earnings for the first nine months of its financial year as higher sales volumes, recent M&A and improvements in efficiency offset lower global prices for cheese and dairy ingredients.


Katy Askew | 30 Jan 2017

Warrnambool Cheese and Butter Factory has backed an offer from majority owner Saputo that would see the Canadian dairy giant take full control of the Australian group. 


John Shepherd | 19 Dec 2016

Saputo, the Canada-based dairy group, has said chief financial officer and secretary Louis-Philippe Carrière is to retire in August after 30 years with the company.


Dean Best | 4 Nov 2016

Saputo, the Canada-based dairy group, has reported higher first-half profits, helped by lower costs but also volume-driven improvements in sales.


Mandy Kovacs | 8 Sep 2016

Canadian dairy processors have expressed their concern regarding the imposition of another increase in the minimum price they must pay for butter and skimmed milk powder


Dean Best | 5 Sep 2016

Saputo, the Canada-based dairy group, has sold a plant in the US to local dairy ingredients group Milk Specialties Global.


Dean Best | 2 Aug 2016

Saputo, the Canada-based dairy group, has reported higher first-quarter sales and profits, helped by increased revenues in its domestic market and in the US.


Dean Best | 3 Jun 2016

Saputo, the Canada-based dairy group, has posted lower annual profits, although it said revenues and underlying earnings rose year-on-year.


Dean Best | 22 Apr 2016

Saputo, the Canada-based dairy group, has announced Kai Bockmann, the president and COO of its international division will move up to take the same roles across the business.


Katy Askew | 23 Mar 2016

Canadian dairy group Saputo plans to close three production facilities in its home market in a bid to improve efficiency. 


Dean Best | 5 Feb 2016

Saputo, the Canada-based dairy group, has reported higher profits for the first nine months of the financial year after an improved third quarter offset lower earnings in the first six months of the period.


Hannah Abdulla | 6 Nov 2015

Lower international selling prices combined with higher raw material costs have hit Saputo's profits for the first six months of its financial year.


Dean Best | 12 Oct 2015

Nestle's "advanced" talks to put the bulk of its ice cream business into a venture with the UK's R&R Ice Cream was the week's stand-out M&A story, while regulatory developments - the TPP trade deal, food safety rules in China and US dietary guidelines - caught the eye elsewhere.


Helen Arnold | 6 Oct 2015

Saputo has moved to enhance its position in speciality cheese in North America with the purchase of Canada-based Woolwich Dairy for C$80m (US$61.2m).


Dean Best | 5 Aug 2015

Saputo, the Canada-based dairy group, has booked lower first-quarter sales and earnings, hit by lower selling prices in export markets and a decline in its domestic dairy ingredients sector.


Katy Askew | 8 Jun 2015

Canadian dairy group Saputo booked higher full-year sales and earnings thanks to the contribution from recently-acquired Australian dairy firm Warrnambool Cheese and Butter Factory.


Dean Best | 6 Mar 2015

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.


Katy Askew | 2 Mar 2015

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).

Latest blogs

Dean Best | 26 Jul 2016

Rabobank's annual league table of the world's largest dairy companies has been released - and the data underlines what a challenging market it has been in recent months.

just-food homepage



Forgot your password?