Reading Time: 2 minutes Reuters — Canada’s largest dairy producer Saputo Inc., which recently won control of Australian dairy Warrnambool Cheese and Butter Factory Co., is hungry for further acquisitions in that country, as well as in New Zealand, Brazil and the U.S., CEO Lino Saputo Jr. said on Thursday. Saputo gave no indication that further big purchases are […] Read more
Saputo eyeing further buys
Ont. dairy co-op buys Hamilton cheesemaker
Reading Time: < 1 minute Hamilton’s family-owned Salerno Dairy, a specialty Italian-style cheesemaker, is becoming part of Ontario’s largest dairy co-operative. Gay Lea Foods announced Monday it has reached a deal, effective Feb. 1, to buy Salerno for an undisclosed sum. Founded in 1962 by cheesemaker Carmine Marzaro and his family, Salerno today makes hard, soft, semi-soft and shredded cheese […] Read more
Flatulent cows start fire at German dairy farm, police say
Reading Time: < 1 minute Berlin | Reuters — Methane gas from 90 flatulent cows exploded in a German farm shed on Monday, damaging the roof and injuring one of the animals, police said. High levels of the gas had built up in the structure in the central German town of Rasdorf, then “a static electric charge caused the gas […] Read more
Saputo wins majority control of Australia’s Warrnambool
Reading Time: < 1 minute Sydney, Australia | Reuters — Canada’s Saputo said Wednesday it has secured majority control of Australia’s Warrnambool Cheese and Butter Factory Co., putting pressure on rival bidder Murray Goulburn Co-operative Co. to concede defeat. Saputo said it had increased its shareholding in Australia’s oldest dairy maker to 52.7 per cent, giving it control after a […] Read more
Saputo to buy Scotsburn fluid milk business
Reading Time: 2 minutes Quebec dairy giant Saputo plans to buy its way further into Atlantic Canada’s milk market with the fluid milk business of regional dairy co-op Scotsburn. Saputo on Friday announced a cash deal to buy Scotsburn Co-operative Services’ fluid milk operations for $61 million, pending a vote by Scotsburn members and approval from the federal Competition […] Read more
Saputo nearing majority control of Australian dairy firm
Reading Time: < 1 minute Canadian dairy giant Saputo said Friday its shareholding in Australia’s Warrnambool Cheese and Butter Factory Holdings has jumped to 46.17 per cent, putting it close to majority control. Former rival bidder Bega Cheese said Thursday it was selling its 18.8 per cent stake to Saputo, all but handing victory to the Quebec-based company in the […] Read more
A message from April Stewart, Country Guide's Associate Editor
