This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies By closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
MONTREAL, QUEBEC--(CCNMatthews - March 23, 2007) -- Saputo Inc. (TSX:SAP) announces that it has acquired the activities of Dansco Dairy Products Limited ("Dansco"), a United Kingdom manufacturer producing mainly mozzarella for the food service market segment. The purchase price of CAN$12 million was paid in cash, on a debt-free basis.
Dansco employs approximately 130 people at its manufacturing facility located in Newcastle Emlyn, Wales. Dansco's revenues in its last fiscal year were approximately CAN$80 million. This acquisition complements Saputo's current activities in the European market and is in line with its objective of growing its global presence.