Saputo Inc. has completed the transaction for the
acquisition of the activities of Land O’Lakes West Coast industrial
cheese business.
Saputo Inc. has completed the transaction for the acquisition of the activities of Land O’Lakes West Coast industrial cheese business. Land O’Lakes is a national U.S. farmer-owned food and agricultural co-operative that will continue to operate its value-added dairy facility in Tulare, Calif. and its cheese facility in Orland, Calif.
Land O’Lakes West Coast Industrial Business employs an aggregate of approximately 530 people in Tulare, and its operations consist in manufacturing, selling, shredding and blending of mostly mozzarella and provolone products.
In connection with this transaction, Saputo secured a long-term milk supply agreement pursuant to which Land O’Lakes supplies to Saputo approximately two billion pounds of milk annually.
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