Saputo

• Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

  Quebec research institute IRIS says the list includes big names such as Thomson Reuters, Saputo Inc., CAE Inc. and Alimentation Couche-Tard.

  Canada

  Nov 2, 2023
  
• Saputo inks deal to sell two milk processing plants in Australia to Coles Group

  The Montreal-based dairy giant says the deal is expected to close in the second half of the year and is subject to customary conditions.

  Economy

  Apr 3, 2023
  
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• Dairy giant Saputo doubles profit despite ‘fast and furious’ inflationary pressures

  Saputo says the uptick in revenues reflects pricing initiatives across all its sectors, higher prices in the U.S. sector, and higher international dairy prices.

  Canada

  Feb 9, 2023
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• Dairy giant Saputo to permanently close 3 U.S. facilities, expand and build others

  Saputo CEO Lino Saputo says the changes will lay the groundwork for future growth in the United States while improving the company's cost structure.

  Economy

  Feb 2, 2023
• Quebec-based dairy giant Saputo reports net earnings of $139 million

  Chief executive Lino Saputo says the company has navigated inflationary pressures by raising prices, booting productivity and undertaking cost containment initiatives.

  Canada

  Aug 4, 2022
• Canadian dairy sales expected to stay strong despite potential price hike: Saputo

  Saputo reported a profit of $37 million or nine cents per diluted share for the fourth quarter ended March 31, compared with a profit of $103 million a year earlier.

  Canada

  Jun 9, 2022
• Saputo inks deal to buy British cheesemaker Wensleydale Dairy Products for $39M

  The deal, which is subject to regulatory requirements, is expected to close later this month.

  Economy

  Jul 5, 2021
• Saputo sales slip amid ongoing pandemic, lower prices for dairy products

  Saputo said it faced lower market prices for cheese and dairy products in its fourth quarter, and an ongoing slump in demand from restaurants and other foodservice customers.

  Canada

  Jun 3, 2021
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• Saputo beefs up non-dairy cheese and value-added ingredients with 2 acquisitions

  The dairy company says the two acquisitions, which cost a combined $187 million, fit with the company's new global strategic plan.

  Canada

  May 25, 2021
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• Decades-old dairy operation in Saint John prepares to close its doors

  Saputo took over Baxter's Dairy in Saint John around 2001.

  Canada

  Jan 18, 2021