
Saputo Inc. announced that it has acquired the
activities of Dansco Dairy Products Limited, a United Kingdom
manufacturer producing mainly mozzarella for the food service market
segment. The purchase price of $12 million was paid in cash, on a
debt-free basis.
Saputo Inc. announced that it has acquired the activities of Dansco Dairy Products Limited, a United Kingdom manufacturer producing mainly mozzarella for the food service market segment. The purchase price of $12 million was paid in cash, on a debt-free basis.
Dansco employs approximately 130 people at its manufacturing facility located in Newcastle Emlyn, Wales.
Dansco’s revenues in its last fiscal year were approximately $80 million. According to a company release, this acquisition “complements Saputo’s current activities in the European market and is in line with its objective of growing its global presence.”
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