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April 1, 2008

CANADA: Saputo seals Alto dairy co-op buy

Saputo, Canada's largest dairy firm, has completed its acquisition of US company Alto Dairy Cooperative.

Saputo, Canada’s largest dairy firm, has completed its acquisition of US company Alto Dairy Cooperative.

The transaction, originally announced in January, will enable Saputo to expand its cheese business and represents a major step in its “goal to achieve a strong presence in the US”, the company said the company.

Alto Dairy produces Italian and American-style cheeses as well as whey products, which are marketed nationwide under a number of brand names and private labels.

Saputo has two plants located in Wisconsin.

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