GFM Network News


Saputo eyes Brazil for acquisitions

Reuters — Saputo Inc., one of Canada’s largest dairy producers, has an eye on Brazil for possible acquisitions, and could make deals worth as much as $3.5 billion, its CEO said Thursday. The struggling global dairy industry is fragmented, potentially yielding opportunities, Lino Saputo Jr. said. The company would like to buy cheesemaking plants in […] Read more

Saputo buys goat cheesemaker Woolwich Dairy

Canada’s biggest cheesemaker is expanding its reach in the goat dairy market with a friendly all-cash takeover of Ontario goat cheese firm Woolwich Dairy. Montreal-based Saputo announced Monday it has paid $80 million for the family-owned cheesemaking company, including its three plants and distribution centre. Based at Orangeville, north of Guelph, Woolwich has operated since […] Read more