Saputo completes purchase of Scotsburn Co-Operative

Saputo has finished purchasing the fluid milk activities of Scotsburn Co-Operative Services, based in Atlantic Canada. Scotsburn is a Nova Scotia cooperative that will continue its other activities such as its frozen ice cream and frozen novelties business. The purchase price of $61 million (€40.2m) excludes about $8m of working capital items and was paid by drawing on available […]

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Dairy Industries International