Canadian dairy Agropur has made another acquisition with the purchase of British Columbian ice cream maker Coast Mountain Dairy.
The co-op announced yesterday (25 July) it will take control of Coast Mountain Dairy at the beginning of next month. Financial details of the transaction were not disclosed.
Coast Mountain Dairy manufactures Sara’s Old Fashioned and Mountain Pride premium ice creams as well as Arctic star economy ice cream and frozen desserts.
“The acquisition sees us add quality frozen products to our Island Farms selection, as well as continue to offer clients locally produced superior ice cream products and expand Agropur’s offering in this sector of activities in British Columbia,” Robert Coallier, Agropur’s CEO, said.
At the beginning of thie year, Agropur merged with Farmers Co-operative Dairy. At the time, the group argued consolidation in the Canadian dairy sector would help build a “sustainable future” for the country’s dairy farmers.
The company has also since acquired Nova Scotia-based Cook’s Dairy.
Agropur operates 28 dairy plants across Canada and the US. The co-operative aims to add value to the milk supplied by its 3,400 dairy farmer owners by developing its brands, which include Natrel, Québon and Farmers.
