GFM Network News


British 1970s punk-rock icon John Lydon appeared in a successful series of advertisements in 2008 for Country Life butter, a brand Dairy Crest acquired in 2004 after buying control of the English Butter Marketing Co. (Video screengrab from JohnLydon.com via YouTube)

Canada’s Saputo to buy major U.K. dairy firm

A major British dairy company is poised to become the property of one of Canada’s biggest dairy processors in a $1.7 billion all-cash deal. Saputo Inc. announced Friday it has an agreement in place with Dairy Crest Group — the maker of Cathedral City cheese and Country Life butter among other major U.K. dairy brands […] Read more