Parmalat acquires Kraft Heinz’s Canadian natural cheese business for US$1.2b

CANADA – Kraft Heinz has announced that it has agreed to sell its Canadian natural cheese business to Parmalat for US$1.23 billion with the transaction expected to close in the first half of 2019, subject to regulatory review and approval. The agreement includes the sale of natural cheese brands Cracker Barrel, P’tit Quebec and aMOOza! in the Canadian market. As…

Saputo to build a new US$240m dairy processing plant in Canada

CANADA – Saputo, Montreal-based Canadian dairy company is set to build a new dairy processing facility worth US$240 million in Port-Coquitlam, Canada. With the new state-of-the-art facility, the company aims to strengthen its footprint and better serve the Western Canadian market. This was revealed by the company in its 2018 fiscal year results which indicated…

Canadian dairy cooperative Agropur launches accelerator program in N. America

USA – Canada’s Agropur Dairy Cooperative is launching a dairy accelerator programme which it said is the first accelerator that seeks to boost dairy business in North America. It is part of the company’s Inno Agropur programme launched in 2016 with an aim to support innovation of dairy products and development of the dairy sector…

Saputo to acquire F&A Dairy Products for US$85 million

CANADA – Saputo Inc., Montreal-based Canadian dairy company has agreed to acquire the activities of F&A Dairy Products, Inc. at a purchase price of US$85 million (CDN$111 million). The transaction funded through cash-free and debt-free basis, will be paid in cash from cash on hand and available credit facilities. It includes its two manufacturing facilities…

Molson Coors Canada and HEXO complete join venture to launch Truss

CANADA – Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company, and HEXO Corp. have announced that they have closed the deal to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. HEXO is an adult-use cannabis brand built by innovators and explorers,…

Canada’s ban on trans fat oils in foods officially kicks off

CANADA – Canada has officially marked the the beginning of a ban on its partially hydrogenated oils (PHOs), the largest source of industrially produced trans fat in foods. FoodingredientsFirst reports that trans fats raise “bad” cholesterol levels (low-density lipoprotein) in the blood, which is a risk factor for heart disease; they also reduce the blood…

President Trump threatens to withdraw Canada from NAFTA

USA - President Trump has issues threats to withdraw the United States from the North American Free Trade Agreement, asserting his right to broker a new trade pact that does not include Canada despite opposition from lawmakers and questions over his legal authority to do so. According to the Washington Post, he formally informed Congress…

Canadian cooperative to invest US$1.28m in expanding grain handling capacity

CANADA - Canada’s Co-operative Régionale de Nipissing Sudbury is investing about US$1.28 million in upgrading the grain storage and handling capacity at its Temiskaming Agriculture Centre in Ontario. This involves building a 160-foot grain tower, double its receiving capacity by installing the 10,000-bushel-per-hour elevator leg and additionally make other improvements that are expected to increase…

Bel Group announces plans to build US$87m factory in Quebec

CANADA - The Bel Group, a multinational cheese marketer, has announced that it is going to spend $87mn to build a factory to produce its Mini Babybel cheese snacks in Quebec. According to Food Drink & Franchise, the French cheese marketer said that the plant in Sorel-Tracey, Quebec, will be its first Canadian production facility.…

Dairy farmers of Canada to participate in Front-of-Package consultations

CANADA – The Government of Canada has announced its plan to move ahead with its Front of Pack Warning Labelling public consultation, to which other dairy products, rich in essential nutrients, will be stigmatised by a warning label telling consumers as to which products are healthy and which are not. By exempting whole milk from…