Will help with modernization of equipment as co-op prepares for market changes resulting from CETA.
Includes two manufacturing facilities in Tasmania, employs approximately 400 people.
Dairy Crest manufactures and sells cheese, butters, spreads and oils.
Manufactures cheese, butters, spreads and oils under British brands Cathedral City, Clover, Country Life and Frylight.
Parmalat to take over cheese brands Cracker Barrel, P’tit Quebec and Amooza.
Condition set by Australia’s regulators for Saputo’s $1.3 billion takeover of the Murray Goulburn Co-operative.
Says Canada was overly generous by agreeing to the same import quotas for imported cheese.
Closure will improve operating efficiency; integrating production into a new blue cheese plant near Minneapolis.
Canadian dairy giant raises its stake in the cheese and dairy producer to 98%.
Will increase its presence in the consumer everyday cheese products segment.
$120 million deal in line with company’s intentions to enter new markets.