Saputo Inc.: A Global Leader in the Dairy Industry

Company Overview

Saputo Inc. is a prominent name in the dairy industry, headquartered at 6869 Métropolitain Blvd E, Montréal, Canada. With a robust international presence, Saputo has established itself as a key player in the market.

Financial Performance

In the fiscal year ending March 31, 2022, Saputo reported impressive revenues of CA$14.3 billion and net earnings of approximately CA$618 million. The company's financial strength is further underscored by a turnover of €12.6 billion, highlighting its expansive market reach and strong positioning.

Leadership

The company is led by CEO Carl Colizza, whose extensive experience and visionary leadership are pivotal in driving Saputo's growth and innovation.

Significant Company Events

• July 2020: Acquired Bute Island Foods Ltd., marking entry into the plant-based market.
• January 2021: Completed the acquisition of Shepherd Gourmet Dairy, enhancing its specialty cheese portfolio.
• May 2022: Launched a state-of-the-art dairy processing facility in Port-Coquitlam, British Columbia.
• Closure of the Suamico, Wisconsin plant, with a strategic relocation of packaging operations to Franklin, Wisconsin, creating over 650 new jobs.
• Sold two milk processing plants to Coles for $105 million.

Future Business Plans

Saputo is focusing on international expansion and product innovation, with a commitment to sustainability and reducing greenhouse gas emissions. The company plans to increase milk prices for the 2025-26 season and is exploring the acquisition of Fonterra’s Oceania business assets. By leveraging financial analytics and market trend forecasting through AI, Saputo aims to maintain competitive pricing. In Australia, plans are underway to raise the weighted average milk price to $9 to $9.10/kg MS, depending on the region. Despite challenges such as potential facility closures, Saputo remains committed to its core values and market adaptation strategies.

Modified: 2025/10/22