Saputo’s UK Operations Boost Margins, But European Outlook Cautious
Saputo’s restructuring of its UK operations is yielding positive results, enhancing margins in Europe; however, the dairy giant indicated that historical margin levels may not...
Tag : Saputo
Lactalis and Saputo Considering Purchase of Fonterra’s For-Sale Dairy Assets
Global dairy leaders Lactalis and Saputo are exploring opportunities to acquire the consumer-focused assets of Fonterra in New Zealand. Additionally, Japanese company Meiji Holdings Co.,...
Saputo Secures Buyer for King Island Dairy Operations in Australia
Dairy heavyweight Saputo has successfully sold its King Island Dairy business in Australia to two local, unnamed business executives. Under the terms of this agreement,...
Saputo COO Frank Guido Resigns After Just Three Months in Position
In a recent announcement, Saputo disclosed that its newly-appointed Chief Operations Officer, Frank Guido, will be stepping down for unspecified personal reasons. This marks a...
Saputo’s New CEO Carl Colizza Implements Executive Leadership Restructuring
Newly appointed Saputo CEO Carl Colizza has initiated restructuring within his executive team, notably including the introduction of a new Chief Operating Officer (COO) and...
Saputo Announces Closure of Australian Dairy Plant Under Review
Canadian dairy giant Saputo has announced the impending closure of its King Island Dairy operation based in Australia. This decision comes after the Tasmanian facility...
Six US facilities to be closed, announces Saputo
Canadian dairy giant Saputo has announced the closure of six of its US facilities by early 2025. COO Carl Colizza revealed that facilities in Belmont,...
Study reveals UK plant-based cheese has highest salt content
In a new study released by UK research group Action on Salt, it was found that plant-based cheese contains more salt than its conventional equivalents...
Saputo’s Wensleydale Creamery Makes New Investment in Smoked Cheese Technology in the UK
UK cheese maker Wensleydale Creamery has invested an undisclosed sum in new machinery to increase its production of smoked cheese. The new technology has been...
Saputo dairy plants sale to Coles approved by Australian regulator
The Australian Competition and Consumer Commission (ACCC) has approved the acquisition of two milk processing plants owned by Canadian dairy giant Saputo by national retailer...