Saputo Inc.
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Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysQuebec research institute IRIS says the list includes big names such as Thomson Reuters, Saputo Inc., CAE Inc. and Alimentation Couche-Tard.CanadaNov 2, 2023
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Dairy giant Saputo doubles profit despite ‘fast and furious’ inflationary pressuresSaputo says the uptick in revenues reflects pricing initiatives across all its sectors, higher prices in the U.S. sector, and higher international dairy prices.CanadaFeb 9, 2023
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Dairy giant Saputo to permanently close 3 U.S. facilities, expand and build othersSaputo CEO Lino Saputo says the changes will lay the groundwork for future growth in the United States while improving the company's cost structure.EconomyFeb 2, 2023
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Saputo inks deal to buy British cheesemaker Wensleydale Dairy Products for $39MThe deal, which is subject to regulatory requirements, is expected to close later this month.EconomyJul 5, 2021
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Saputo beefs up non-dairy cheese and value-added ingredients with 2 acquisitionsThe dairy company says the two acquisitions, which cost a combined $187 million, fit with the company's new global strategic plan.CanadaMay 25, 2021
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Dairy giant Saputo to close facilities in Trenton, Ont., and Saint John, N.B.The dairy and cheese company estimates approximately 280 employees will be impacted by the closure of the plants.EconomyFeb 6, 2020
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Saputo takes Dairy Farmers of New Brunswick to court over ‘contaminated’ milkSaputo is seeking damages of $252,611 from the association as compensation for the 170,742 litres of milk they were forced to dispose of due to the presence of a microbacteria.CanadaFeb 28, 2019
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Saputo to purchase Ontario dairy company for $100 millionMontreal-based Saputo says the purchase price will be paid in cash and available credit.EconomyMay 24, 2018
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Australian regulator raises competition concerns over Saputo dairy dealThe regulator says dairy farmers want the $1.3-billion friendly purchase deal to proceed after years of uncertainty.EconomyMar 1, 2018
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Dairy processors Saputo, Agropur lay off 346 Atlantic Canada workersCanada's two largest dairy processors are laying off 346 employees in Atlantic Canada.CanadaJan 12, 2017
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