Search
Better Farming OntarioBetter PorkBetter Farming Prairies

Better Farming Ontario Featured Articles

Better Farming Ontario magazine is published 11 times per year. After each edition is published, we share featured articles online.


Saputo makes bid on dairy co-op's fluid milk operations in Atlantic Canada

Thursday, January 16, 2014

by SUSAN MANN

Canada’s largest dairy processor, Saputo Inc. has an agreement with a dairy co-operative in Atlantic Canada to buy its fluid milk business for $61 million.

The transaction is slated to close in March. It will enable Saputo’s dairy division to increase its presence in Atlantic Canada, the company says in a Jan. 17 press release.

Scotsburn Co-Operative Services Limited, a Nova Scotia co-operative, will retain and continue its other activities, such as manufacturing ice cream and frozen novelties.

The deal still has to be approved by Scotsburn’s co-op members, the Canadian Competition Bureau and is subject to usual conditions, the release says.

The Scotsburn co-op’s fluid milk business has two milk processing plants – one in Sydney, Nova Scotia and the other in Mount Pearl, Newfoundland. It employs about 400 people in Atlantic Canada. Scotsburn’s fluid milk business has annual sales of about $160 million.

Saputo, a publicly traded company, produces, markets and distributes a wide variety of dairy products. It is one of the top 10 dairy processors in the world, the third largest in Argentina, and among the top three cheese producers in the United States. Its products are sold in more than 40 countries.

Sandy Vassiadis, Saputo corporate communications director, couldn’t be reached for comment. BF

Current Issue

April 2025

Better Farming Magazine

Farms.com Breaking News

U of G Students win Branded Farms.com Chairs

Thursday, April 3, 2025

Farms.com was pleased to support the University of Guelph’s annual College Royal which was held March 15th & 16th, 2025 – it was the 101st edition. Every March, the University of Guelph hosts College Royal, the largest university open house event in North America. This annual... Read this article online

Lynmark Farms named Master Breeder for 2025

Wednesday, April 2, 2025

The Canadian Milking Shorthorn Society has announced that Lynmark Farms has been named as a herd for 2025. Lynmark Farms is owned and operated by Tim Shearer and Irene Vietinghoff of Norwood, Ontario. They are the third Milking Shorthorn herd to be recognized as a since this... Read this article online

John Deere collaborates with Dovetail Workwear

Wednesday, April 2, 2025

Built by, for, and with women, Dovetail Workwear is teaming with John Deere ( Deere & Company) to develop a collection of apparel and gear specifically designed to address the needs of women in the agricultural industry. The companies said there’s a shared commitment to celebrating... Read this article online

BF logo

It's farming. And it's better.

 

a Farms.com Company

Subscriptions

Subscriber inquiries, change of address, or USA and international orders, please email: subscriptions@betterfarming.com or call 888-248-4893 x 281.


Article Ideas & Media Releases

Have a story idea or media release? If you want coverage of an ag issue, trend, or company news, please email us.

Follow us on Social Media

 

Sign up to a Farms.com Newsletter

 

DisclaimerPrivacy Policy2025 ©AgMedia Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Back To Top