Saputo Inc.: A Global Leader in the Dairy Industry

Company Overview

Name: Saputo Inc.

Location: 6869 Métropolitain Blvd E, Montréal, Canada

Financial Performance

For the fiscal year ending March 31, 2022, Saputo reported significant revenues of CA$14.3 billion, alongside net earnings of approximately CA$618 million. The company's robust financial health and a turnover of €12.6 billion highlight its extensive international reach and strong market positioning.

Leadership

The company is guided by the visionary leadership of CEO Carl Colizza, whose extensive experience in the dairy sector is pivotal in driving Saputo towards sustained growth and innovation.

Significant Company Events

• July 2020: Saputo acquired Bute Island Foods Ltd., marking its 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.
• Saputo announced the closure of its Suamico, Wisconsin manufacturing plant, resulting in the layoff of 240 workers, as part of a strategic plan to modernize operations. The company is relocating its packaging operations to a new facility in Franklin, Wisconsin, which is expected to create over 650 new jobs.

Future Business Plans

Saputo is focusing on international expansion and product innovation, with a strong commitment to sustainability and the reduction of greenhouse gas emissions. The company plans to increase milk prices for the 2025-26 season and is exploring the potential acquisition of Fonterra’s Oceania business assets. Emphasizing financial analytics and market trend forecasting through AI, Saputo seeks to maintain competitive pricing. In Australia, the company is set to raise the weighted average milk price to $9 to $9.10/kg MS depending on the region, as part of their strategy to offer competitive prices. Despite facing challenges such as potential facility closures and financial hurdles in certain markets, Saputo remains steadfast in its dedication to core values and market adaptation strategies.

Modified: 2025/10/07