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Saputo Dairy Australia is a subsidiary of Saputo Inc., a Canadian dairy company founded by the Saputo family in 1954. Saputo Inc. is one of the top ten dairy processors in the world, with facilities in Canada, the United States, Argentina, Australia, and the United Kingdom. The company has expanded primarily through mergers and acquisitions, including the acquisition of Australian dairy companies Warrnambool Cheese & Butter and Murray Goulburn, which were integrated to form Saputo Dairy Australia in 2018. Saputo Dairy Australia produces, markets, and distributes a wide range of dairy and non-dairy products domestically and internationally. While Saputo Dairy Australia operates within the larger Saputo Inc. company, it is committed to demonstrating good corporate citizenship and acknowledges the Traditional Owners of the lands on which it operates.
| Characteristics | Values |
|---|---|
| Saputo Dairy Australia formed | 2018 |
| Saputo Dairy Australia founded by | Canadian dairy giant Saputo |
| Saputo Dairy Australia founded by buying | Murray Goulburn Co-operative |
| Saputo Dairy Australia former owner | Australian dairy farmers |
| Saputo Dairy Australia products | Cheese, butter and butter blends, milk and cream |
| Saputo Dairy Australia products | Dairy ingredients, including milk powder, whey protein concentrates and lactoferrin |
| Saputo Dairy Australia parent company | Saputo Inc. |
| Saputo Inc. based in | Montreal, Quebec, Canada |
| Saputo Inc. founded in | 1954 |
| Saputo Inc. founded by | The Saputo family |
| Saputo Inc. type of company | Publicly traded company |
| Saputo Inc. shares listed on | Toronto Stock Exchange under the symbol "SAP" |
| Saputo Inc. one of the | Top ten dairy processors in the world |
| Saputo Inc. products sold in | Over 60 countries worldwide |
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What You'll Learn
- Saputo Dairy Australia was formed in 2018 when Canadian dairy giant Saputo bought Murray Goulburn Co-operative
- Saputo's Australian subsidiary, Warrnambool Cheese and Butter Factory Company Holdings Limited
- Saputo's Dairy Division (Australia) produces, markets and distributes a wide range of dairy products
- Saputo is a leading cheese manufacturer and fluid milk and cream processor in Canada
- Saputo's expansion in Australia and worldwide through mergers and acquisitions
Saputo Dairy Australia was formed in 2018 when Canadian dairy giant Saputo bought Murray Goulburn Co-operative
Saputo Dairy Australia is a subsidiary of the Canadian company Saputo Inc., which is one of the top ten dairy processors in the world. Saputo Dairy Australia was formed in 2018 when Saputo Inc. bought Murray Goulburn Co-operative for $1.3 billion. Murray Goulburn Co-operative was previously owned by Australian dairy farmers and was formed in the state of Victoria, Australia, in 1950.
Saputo Inc. was founded in 1954 by the Saputo family, who had immigrated to Montreal from Montelepre, Italy, in the early 1950s. Initially a small cheesemaking company, Saputo has since grown into a leading dairy processor in Canada and one of the leading processors in the world, with facilities in Canada, the United States, Argentina, Australia, and the United Kingdom. The company has expanded predominantly through mergers and acquisitions, including the acquisition of Dairyworld Foods in 2001, Neilson Dairy in 2008, Morningstar Food in 2012, Scotsburn Co-operative Services Limited in 2014, and Warrnambool Cheese and Butter Factory Company in 2014.
The formation of Saputo Dairy Australia through the acquisition of Murray Goulburn Co-operative in 2018 was a significant step for Saputo Inc.'s expansion in Australia. By integrating Murray Goulburn Co-operative and Warrnambool Cheese and Butter Factory Company under Saputo Dairy Australia, the company solidified its presence in the Australian market.
Saputo Dairy Australia produces, markets, and distributes a wide range of dairy and non-dairy products for domestic and international markets. This includes cheese, fluid milk, extended shelf-life milk, cream products, cultured products, and dairy ingredients. The company operates in Australia and has a commitment to good corporate citizenship, acknowledging the Traditional Owners of the lands on which they operate and paying respects to their Elders past and present.
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Saputo's Australian subsidiary, Warrnambool Cheese and Butter Factory Company Holdings Limited
Saputo Dairy Australia is a subsidiary of Saputo Inc., a Canadian dairy company founded in 1954 by the Saputo family. It is one of the top ten dairy processors in the world, with facilities in Canada, the United States, Argentina, Australia, and the United Kingdom.
WCB has made several strategic acquisitions to strengthen its position in the Australian market. For example, WCB acquired the everyday cheese business of Lion-Dairy & Drinks Pty Ltd, based in Victoria, Australia. This move enhanced WCB's market position and increased its offerings in the consumer-branded everyday cheese category.
In addition to its focus on growth, WCB also prioritises good corporate citizenship and community engagement. The company acknowledges the Traditional Owners of the lands on which it operates and pays respect to their Elders past and present.
WCB's operations in Australia are closely monitored by the Australian Competition and Consumer Commission (ACCC). In 2018, the ACCC raised concerns about Saputo's proposed acquisition of Murray Goulburn's operating assets, particularly regarding the potential impact on farmgate milk prices in western Victoria and southeast South Australia. To address these concerns, Saputo agreed to undertake specific obligations, including divesting the Koroit dairy plant and associated assets to an approved purchaser.
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Saputo's Dairy Division (Australia) produces, markets and distributes a wide range of dairy products
Saputo Dairy Australia is a subsidiary of Saputo Inc., a Canadian dairy company based in Montreal, Quebec. Founded in 1954 by the Saputo family, Saputo has since become one of the top ten dairy processors in the world, with operations in Canada, the United States, Argentina, Australia, and the United Kingdom.
Saputo's Dairy Division (Australia) was formed in 2018 when Saputo Inc. purchased Murray Goulburn Co-operative for $1.3 billion. Murray Goulburn, previously owned by Australian dairy farmers, was formed in the state of Victoria, Australia, in 1950. Saputo had also acquired Warrnambool Cheese and Butter Factory Company in 2014 and integrated the two companies under Saputo Dairy Australia.
Saputo's Dairy Division (Australia) produces, markets, and distributes a wide range of dairy products, including cheese, fluid milk, extended shelf-life milk, and cream products. They also offer cultured products and dairy ingredients such as milk powder, whey protein concentrates, and lactoferrin. These products are sold under well-known brand names such as Devondale, Sungold, and Tasmanian Heritage.
The Australian division contributes significantly to Saputo's global presence, with Australia being one of its key markets. Saputo's presence in Australia allows the company to tap into the country's strong dairy industry and access high-quality milk supplies. The company has a commitment to good corporate citizenship and acknowledges the Traditional Owners of the lands on which they operate, paying respect to their Elders past and present.
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Saputo is a leading cheese manufacturer and fluid milk and cream processor in Canada
Saputo is a leading cheese manufacturer and fluid milk and cream processor with a presence in several countries, including Canada, the United States, Argentina, Australia, and the United Kingdom. Founded in 1954 by the Saputo family in Montreal, Quebec, Canada, Saputo has grown to become one of the top dairy processors in the world.
In Canada, Saputo is a prominent player in the dairy industry, particularly in cheese manufacturing and fluid milk and cream processing. The company has expanded its Canadian operations through mergers and acquisitions, such as the acquisition of Dairyworld Foods in 2001 and Neilson Dairy in 2008.
Saputo's presence in Australia began with its acquisition of a relevant interest in Victoria-based dairy product firm Warrnambool Cheese & Butter Factory Company Holdings Limited in February 2014. Subsequently, in March 2017, Saputo acquired all the remaining shares of the company. Additionally, Saputo Australia acquired the everyday cheese business of Lion-Dairy & Drinks Pty Ltd, strengthening its position in the consumer branded everyday cheese segment in Australia. In 2018, Saputo further expanded its Australian operations by acquiring Murray Goulburn Co-operative for $1.3 billion, integrating it with Warrnambool Cheese and Butter Factory Company to form Saputo Dairy Australia.
Saputo's global expansion also includes significant growth in the United States, Argentina, and the United Kingdom. The company has made strategic acquisitions, such as Morningstar Food in 2012 and Scotsburn Co-operative Services Limited's fluid milk business in 2014, to enhance its presence and product offerings in these markets.
Today, Saputo transforms approximately 11 billion litres of milk per year into a diverse range of dairy products, including cheese, fluid milk, extended shelf-life milk, cream products, cultured products, and dairy ingredients. The company's commitment to quality and innovation has solidified its position as a leading dairy processor on a global scale.
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Saputo's expansion in Australia and worldwide through mergers and acquisitions
Saputo Inc. is a Canadian dairy company founded in 1954 by the Saputo family. It has since expanded predominantly through mergers and acquisitions to become one of the top ten dairy processors in the world, with its products sold in over 60 countries.
Expansion in Australia
In 2014, Saputo acquired a relevant interest of 87.92% of Victoria-based dairy product firm Warrnambool Cheese & Butter Factory Company Holdings Limited (WCB). This acquisition allowed WCB to increase its presence in consumer-branded everyday cheese products in Australia. In 2017, Saputo acquired all the remaining shares of WCB. In 2018, Saputo acquired dairy processor Murray Goulburn, further expanding its presence in the Australian market.
Expansion Worldwide
Saputo expanded to the United States in 1988 by acquiring two cheese plants. In 1997, it acquired Stella Foods in the US, tripling in size as a result. In 2001, Saputo acquired Dairyworld Foods, the production and marketing arm of Agrifoods International Cooperative Ltd, which included the Dairyland milk and Armstrong cheese brands. In 2003, the company continued its expansion in the US and entered the Argentinian market by acquiring Molfino Hermanos S.A. In 2008, Saputo acquired Neilson Dairy, and in 2012, it announced the purchase of Morningstar Food for US$1.45 billion. In 2014, Saputo acquired the fluid milk business of Scotsburn Co-operative Services Limited of Nova Scotia for $61 million. In 2017, Saputo announced the complete acquisition of the Extended Shelf-Life Dairy Product Activities of Southeast Milk, Inc. in the United States. In 2019, Saputo acquired British dairy company Dairy Crest, owner of the Clover butter brand and Cathedral City cheeses. In 2021, Saputo made two strategic acquisitions: Bute Island Foods Ltd., a manufacturer of cheese alternative products, and the Reedsburg facility of Wisconsin Specialty Protein, LLC, broadening its ingredients offering in the US and internationally. Saputo also acquired the activities of Wensleydale Dairy Products Limited in the UK in the same year.
Saputo has expressed intentions to continue expanding through mergers and acquisitions, with potential deals already in sight. The company has highlighted the United States, Latin America, and Europe (outside the UK) as regions with significant opportunities for future growth.
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Frequently asked questions
No, Saputo Dairy Australia is a subsidiary of Saputo Inc., a Canadian company founded by the Saputo family in 1954.
Saputo Inc. is a Canadian dairy company based in Montreal, Quebec, and is one of the top ten dairy processors in the world.
Saputo Dairy Australia produces, markets, and distributes a wide range of dairy and non-dairy products domestically and internationally.
Saputo Dairy Australia was formed in 2018 when Saputo Inc. bought the Australian company Murray Goulburn Co-operative for $1.3 billion.
Saputo Inc. has expanded through mergers and acquisitions. It owns companies such as Scotsburn Co-Operative Services Limited, Warrnambool Cheese and Butter Factory Company, Dairy Crest, and many more.
