Saputo Inc.

Title: Saputo Inc.
Category: Food & Beverages
Clicks: 4
Added on: Nov 26, 2011
Saputo Inc. is a dairy company, based in Montreal, Canada. In 1954, Giuseppe Saputo established the company as a cheese store, and it acquired Dairyworld Foods in 2001, along with its brands Armstrong cheese and Dairyland milk. Dairyworld Foods operated as the marketing and production arm of Agrifoods International Cooperative Ltd, and the company itself was formed through a series of mergers in the 90s. Today, Saputo’s business encompasses the production of milk, cheese, and baked goods, being the 12th dairy producing company in the world. After Saputo grew in Quebec, it started expanding through mergers and acquisitions.

The company operates globally, in Canada, Germany, the US, and Argentina. It is one of the three largest companies engaged in cheese production in the USA and the 3rd largest dairy processor in Argentina. Saputo produces, distributes, and markets a selection of high quality products such as fluid milk, cheese, yogurt, snack cakes, and dairy ingredients. Its selection of products is exported and sold in over fifty countries around the world under well-known brand names. The company offers to its consumers and clients a wide array of dairies such as specialty cheeses, cheddar, mozzarella, and dairy ingredients used in the industrial, foodservice, and retail segments. Being the leading milk processor in the country, the company’s Dairy Products Division processes 35 percent of Canada’s milk and 32 percent of its natural cheese. In Europe, the Dairy Products Division has operations in the United Kingdom and Germany. The USA Dairy Products Sector offers a selection of cheeses and dairy products to the industrial, foodservice, and retail sectors, and is among the top three producers of cheese in the United States, providing around 9 percent of its cheese products.

Saputo Inc has several subsidiaries, Neilson Dairy, Dairyland Canada, and Vachon, with notable products such as Ah Caramel, Passion Flakie, Jos. Louis, May West, and others. Dairyland Canada produces cottage cheese, whip cream, sour cream and dips, cream, yogurt, and other products. Saputo Inc is listed on the Toronto Stock Exchange under the symbol SAP. Its main competitors are Groupe Lactalis, Agropur cooperative, and Dairy Farmers of America, Inc.
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