date:May 27, 2021
Saputo has made two strategic acquisitions in each of the dairy alternatives and value-added ingredients segments, representing a combined investment of approximately CAD$187 million (US$150 million).
The company has completed the acquisition of Bute Island Foods, a manufacturer, marketer and distributor of dairy alternative cheese products for both the retail and foodservice market segments.
A Saputo spokesperson says this latest commitment will expand the companys footprint in the dairy al