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Dairy Crest CEO Mark Allen steps down after Saputo takeover

May 10, 2019May 10, 2019 Food Business Africa

CANADA – Canadian dairy processor, Dairy Crest has announced that Mark Allen is stepping down as Chief Executive of Dairy Crest after successful completion of the takeover. Also, Mr. Tom Atherton, Dairy Crest Deputy Chief […]

Saputo to acquire Lion Dairy’s specialty cheese business for US$197m

April 27, 2019April 27, 2019 Food Business Africa

AUSTRALIA – Canadian dairy company, Saputo has entered into a definitive agreement to acquire the specialty cheese business of Australia’s Lion-Dairy & Drinks Pty Ltd for US$196.9 million (AUD 280 million). The sale to Saputo […]

Saputo completes acquisition of Dairy Crest for US$1.2b

April 17, 2019April 17, 2019 Food Business Africa

UK – Canadian dairy company, Saputo has announced that it has completed the acquisition of Dairy Crest, a United Kingdom-based milk products company in a transaction valuing the company at US$1.2 billion (£975 million). Dairy […]

Saputo appoints Carl Colizza as Chief Operating Officer for N. America

March 8, 2019March 8, 2019 Food Business Africa

CANADA – Canadian dairy company, Saputo has appointed Carl Colizza as President and Chief Operating Officer for North American operations effective April 1, 2019. Prior to his appointment, Colizza was responsible for the dairy company’s […]