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Saputo completes the sale of its Koroit milk-drying plant in Victoria

Saputo has announced that it has completed the sale of its Koroit plant to Bega Cheese for A$250 million. Located in Western Victoria, the Koroit...

Bega Cheese set to acquire Saputo’s Koroit facility in Western Victoria

Bega Cheese has agreed to acquire Saputo Dairy Australia's Koroit dairy processing facility for $250 million, subject to ACCC approval. Located in Western Victoria, the...

Saputo completes acquisition of Murray Goulburn

Saputo has announced that it has acquired the activities of Murray Goulburn,  Australia's largest dairy company. The Canadian dairy giant said the A$1.31 billion debt-free transaction...

Saputo announces senior management changes

Saputo has announced changes to its senior management as the company closes in on a A$1.3 billion deal to acquire the debt-ridden Murray Goulburn...

Saputo to acquire Murray Goulburn for A$1.3bn

Canadian dairy giant Saputo has struck an agreement to purchase Australia’s biggest diary processor, Murray Goulburn (MG) for A$1.3 billion. MG, which produces a full...

Saputo submits takeover bid for Warrnambool

Saputo Dairy Australia – a wholly owned subsidiary of Saputo Inc – has launched an all cash off-market offer of $8.85 per shares for...

Saputo buys Victorian cheese business Lion-Dairy & Drinks

Saputo Inc. has announced that it will acquire the everyday cheese business Lion-Dairy & Drinks Pty Ltd (LDD) based in Victoria, Australia, for $134.4...

United Dairy Power sold to a Hong Kong investor

Hong Kong investor William Hui has completed the purchase of United Dairy Power (UDP), Australia’s largest privately-owned milk wholesale and processing company, making it...

Origo closing in on United Dairy in a deal worth $70 million

Private equity firm Origo Partners Plc is edging closer to securing its second Australian diary asset as talks with the country’s largest privately owned...
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