Reuters — Canada’s second-biggest dairy, Agropur Co-operative, said it is looking to grow in the U.S., possibly through acquisitions, in the face of an expected erosion of its market share at home due to recent international trade deals. Agropur, whose brands include Iogo yogurt and Oka cheese, and larger rival Saputo have already built U.S. […] Read more
Agropur eyes further U.S. acquisitions
Que. banks, funds boost stake in Agropur
Agropur is getting a second nine-figure cash injection from a group of Quebec institutional investors and banks, further backing the major Quebec dairy farmer co-operative’s expansion plans against an uncertain domestic market. The investor group, led by Caisse de depot et placement du Quebec (CDPQ), said Thursday it will put up $300 million, on top […] Read more
Agropur to consolidate B.C. milk processing
Dairy co-operative Agropur plans to tighten up its fluid milk processing on British Columbia’s Lower Mainland, upgrading its milk plant at Burnaby and shutting its plant at Chilliwack. Quebec-based Agropur took over the Burnaby plant, along with facilities in Edmonton and Winnipeg, when it bought the former Canada Safeway milk processing plants from Sobeys last […] Read more
Agropur to shut Montreal-area milk plant
Quebec dairy co-operative Agropur plans to shut a Montreal-area fluid milk processing plant which it says has aged out of service. The company said Tuesday it will close its milk plant in Saint-Bruno-de-Montarville, which today employs 67 full-time and 27 “temporary” staff, by late May next year. “Considering the age and condition of the building […] Read more
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