Tuesday, August 31, 2021

Saputo ranks tenth in world

Saputo ranks tenth in the world’s roster of leading dairy companies this year.

The leader is Lactalis, NestlĂ© is second and Dairy Farmers of America third.

Saputo retained the tenth position after it bought Dairy Crest Group in the United Kingdom for $1.5 billion US in 2019.

 More recently Saputo has spent $187 million US to buy Scotland-based Bute Island Foods and Wisconsin Specialty Protein.