Saputo, based in Canada, has completed the transaction to acquire Neilson Dairy, the dairy division of Weston Foods also of Canada. The C$465m (US$372m) acquisition, first announced on 22 October, will enable Saputo to increase its presence in Ontario in the markets for fluid milk and cream, the company said yesterday (1 December). Weston Foods manufactures, sells and distributes – … Read More
Vt. Saputo Plant Closes
Quebec dairy firm Saputo has permanently closed one of its U.S. cheesemaking facilities that was damaged in a fire last month. The plant at Hinesburg, Vermont, south of Montreal, is officially closed as of Wednesday, putting 80 permanent staff out of work. The plant was damaged by fire on Sept. 29, since which time its cheese production has been moved … Read More