Daily Network News

More News →

Tag Archives Saputo

(Saputo Cheese USA video screengrab via YouTube)
Dairy Cattle, Livestock, Markets

Saputo to consolidate U.S. cheesemaking, shut three plants

Plans include one new plant, one repurposed

By ,
The Canadian company ranked among the three biggest cheesemakers in the U.S. is preparing to consolidate five of its cheese plants in that country down to two. Montreal-based Saputo announced last Thursday it has construction underway on a new $240 million cut-and-wrap cheese plant in the Milwaukee suburb of Franklin, to be up and running […] Read more
Video screengrab of Michael Palin (l) and John Cleese in the Cheese Shop sketch on Monty Python’s Flying Circus in 1972.
Dairy Cattle, Livestock

Saputo to buy British cheesemaker Wensleydale

Canadian dairy firm expands U.K. assets

By ,
One of the world’s largest dairy processors is set to expand its reach further into the U.K. with a deal for the maker of Yorkshire Wensleydale cheese. Montreal-based Saputo announced Monday it has an all-cash deal in place to buy Wensleydale Dairy Products Ltd. for 23 million pounds (about C$39.7 million). Pending U.K. regulatory approvals, […] Read more
(Saputo video screengrab via YouTube)
Dairy Cattle, Livestock

Saputo to shut two dairy plants in East

By
Canadian dairy processing giant Saputo, in a move it describes as “right-sizing” its manufacturing footprint, plans to close two of its plants in Eastern Canada within a year. Montreal-based Saputo said Thursday it will close the former Riverside Cheese and Butter plant at Trenton, Ont. this September and its Baxter dairy plant at Saint John, […] Read more
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)
Dairy Cattle, Livestock

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

By
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
(Toa55/iStock/Getty Images)
Dairy Cattle, Livestock, Reuters

Canadian dairies get significant control over imports under TPP

By
Toronto | Reuters — Canada will give local dairy processors significant control over imports under a new trade deal with Pacific countries that opens the sheltered industry to further competition, according to a notice published by the federal government, which drew criticism from Canadian retailers. New quotas created by the Comprehensive and Progressive Agreement for […] Read more
(Video screengrab from Saputo.com)
Dairy Cattle, Livestock, Reuters

Saputo urges end to contentious Class 7 system

By
Winnipeg | Reuters –– Saputo, one of Canada’s largest dairies, supports ending a domestic milk ingredient pricing system that has angered the United States, CEO Lino Saputo Jr. said on Monday, showing a rare crack in solidarity among processors and the country’s dairy farmers. The Class 7 pricing agreement, struck in 2016 between Canadian dairy […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Australia clears Saputo’s Murray Goulburn takeover

By
Reuters — Australia’s competition regulator on Wednesday approved a planned $1 billion takeover of the country’s largest dairy processor, Murray Goulburn Co-operative, by Canada’s Saputo. The deal, which Australia’s largest dairy processor says is key to its survival, was approved after Saputo agreed to sell a milk plant in Victoria state to address concerns from […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Saputo woos Australia farmers in Murray Goulburn rebuild

By
Winnipeg | Reuters — Saputo, one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative to profit by aggressively pursuing more of the country’s milk supply, its CEO said on Thursday. The Montreal-based company agreed last week to buy the co-operative for C$1.3 billion including debt, and has already planned 15 meetings […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Saputo to buy Australian dairy co-op Murray Goulburn

By
Reuters — Murray Goulburn Co-operative, Australia’s largest milk processor, on Friday said it agreed to a buyout from Canadian dairy company Saputo worth up to A$637.8 million (C$627.5 million). Murray Goulburn (MG) said Saputo would pay between A$1.10-$1.15 per share, compared to its A$2.10 issue price when it listed in 2015. A total buyout value […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 4, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →