Australia's competition watchdog has pushed back the date on which it is set to announce its verdict on Saputo's planned acquisition of the operating assets and liabilities of local dairy giant Murray Goulburn.
Dean Best weighs up why Saputo has moved to buy the embattled Australian dairy group.
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.
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.
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).
Canadian dairy giant Saputo has reported higher half-year profits on the back of its acquisition of Australian dairy Warrnambool Cheese and Butter Factory and improvements from its US business. Saputo…
Canadian dairy group Saputo is continuing to examine further M&A opportunities even as it digests recent acquisitions including Australia's Warrnambool Cheese and Butter Factory and the Atlantic Canada fluid-milk business…
Canadian dairy giant Saputo has booked higher first-quarter profits thanks to the contribution from recent acquisitions. For the three months to 30 June, Saputo saw net income increase to C$145.3m…
Australian dairy co-op Murray Goulburn is looking to build on the business it does in Asia with a series of capital investments. Murray Goulburn failed in a bid to buy…
just-food's look at the key issues facing the global confectionery sector, the savoury snacks business in Russia and the dairy industry in Australia are among the reports featured in this…
Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it first entered the market. Parmalat has snapped up…
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