CANADA/USA: Saputo buys blue cheese brands from ConAgra
Canadian dairy processor Saputo has acquired the Treasure Cave and Nauvoo blue cheese brands together with certain related assets from US food company ConAgra Foods. Montreal-based Saputo did not disclose financial terms of the deal but said the acquired assets generate annual revenues of around US$20m and will make Saputo the leader in the US blue cheese retail market.
Canadian dairy processor Saputo has acquired the Treasure Cave and Nauvoo blue cheese brands together with certain related assets from US food company ConAgra Foods.
Montreal-based Saputo did not disclose financial terms of the deal but said the acquired assets generate annual revenues of around US$20m and will make Saputo the leader in the US blue cheese retail market.
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