Saputo Inc.: A Global Leader in the Dairy Industry

Saputo Inc., headquartered at 6869 Métropolitain Blvd E, Montréal, Canada, is a prominent entity in the global dairy sector. The company has established a significant presence through strategic acquisitions and innovations.

Financial Performance

For the fiscal year ending March 31, 2022, Saputo reported revenues of CA$14.3 billion, with net earnings of approximately CA$618 million. The company's influence in the market is further highlighted by a turnover of €12.6 billion.

Leadership

Under the leadership of CEO Carl Colizza, Saputo has focused on growth and innovation, solidifying its status within the industry.

Significant Company Events

• July 2020: Acquired Bute Island Foods Ltd., entering the plant-based market.
• January 2021: Acquisition of Shepherd Gourmet Dairy, expanding its specialty cheese offerings.
• May 2022: Launched a state-of-the-art dairy processing facility in Port-Coquitlam, British Columbia. Closed the Suamico, Wisconsin plant, relocating jobs to Franklin, Wisconsin. Sold two milk processing plants to Coles for $105 million.
• August 2022: Introduced 'Frigo Cheese Heads Swirls', highlighting innovation and versatility.

Future Business Plans

Saputo's future strategies focus on international expansion and product innovation, emphasizing sustainability and reducing greenhouse gas emissions. Plans include increasing milk prices for the 2025-26 season and exploring the acquisition of Fonterra’s Oceania assets. In Australia, Saputo aims to raise the weighted average milk price to $9 to $9.10/kg MS. The company is also planning a new large cold-storage facility in Caledonia and consolidating production centers, along with new distribution and cold storage facilities in Wisconsin.

To focus on markets with stronger long-term returns, Saputo is divesting its Argentine operations, selling an 80% stake to Grupo Gloria. The company's M&A strategy targets cultured dairy and functional beverages, with an emphasis on specialized manufacturing and nutritional lines that cater to consumer wellness trends.

Saputo is selling its UK business to Lactalis, valuing the deal at approximately £988m, to refine its global footprint. The transaction includes five plants, 1,300 employees, and brands such as Cathedral City, Davidstow, and Country Life, with completion expected in 2027.

Modified: 2026/08/24