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Saputo Inc T.SAP

Alternate Symbol(s):  SAPIF

Consumer Defensive Packaged Foods
Saputo Inc. produces, markets and distributes an array of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. It has four geographic sectors, including Canada, the United States of America (USA), the International and Europe. The Canada Sector consists of the Dairy Division (Canada), which produces, markets and distributes in Canada a variety of cheeses, including mozzarella and cheddar, specialty cheeses, fine cheeses and other cheeses. The USA Sector consists of the Dairy Division (USA), which produces, markets and distributes an assortment of cheeses, including mozzarella, American-style and specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese and romano. The International Sector comprises the Dairy Division (Australia) and the Dairy Division (Argentina). The Europe Sector consists of the Dairy Division (UK), which produces, markets and distributes cheeses, butter, spreads and oils.


TSX:SAP - Post by User

Saputo Inc
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Post by Betteryear2on Jun 24, 2024 9:27pm
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Post# 36104308

Saputo Completes Sale of 2 Fresh Milk Processing Facilities

Saputo Completes Sale of 2 Fresh Milk Processing FacilitiesMONTREAL, June 24, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (we, Saputo or the Company) announces today it has completed the previously announced sale of two fresh milk processing facilities located in Laverton North, Victoria, and Erskine Park, New South Wales, to Coles Group Limited, an Australian-based supermarket, retail, and consumer services chain, in a transaction valued at approximately CDN$95 million (A$105 million). The completion of this transaction is part of the Company’s overall network optimization strategy, one of the pillars of its Global Strategic Plan.

Saputo Completes the Sale of Two Fresh Milk Processing (globenewswire.com)
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