Canada’s Saputo paid 1.3 billion dollars for British company Dairy Crest

By: Trademagazin editor Date: 2019. 03. 18. 06:39

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Canada’s biggest milk processing company Saputo Inc. has agreed to buy Dairy Crest Group Plc. for USD 1.3 billion. With this move Saputo gains a foothold in Europe just months after acquiring Australia’s biggest dairy processor. Last year Dairy Crest already bought Australia’s Murray Goulburn for USD 1 billion.