M&A Deal Summary

Saputo Acquires Dairyworld Foods

On December 18, 2000, Saputo acquired food company Dairyworld Foods for 407M CAD

Acquisition Highlights
  • This is Saputo’s 7th transaction in the Food sector.
  • This is Saputo’s 3rd largest (disclosed) transaction.
  • This is Saputo’s 6th transaction in Canada.
  • This is Saputo’s 1st transaction in Alberta.

M&A Deal Summary

Date 2000-12-18
Target Dairyworld Foods
Sector Food
Buyer(s) Saputo
Deal Type Add-on Acquisition
Deal Value 407M CAD

Target

Dairyworld Foods

Edmonton, Alberta, Canada
Agrifoods International Cooperative Ltd. produces and markets fluid milk, yogurt, cheese, butter, skim-milk powder, juices and value-added food ingredients. The company's leading brands are Dairyland, Dairy Producers, Baxter, Armstrong and Fraser Valley.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Saputo

Montreal, Quebec, Canada

Category Company
Founded 1954
Sector Food
Employees19,200
Revenue 17.8B CAD (2023)
DESCRIPTION

Saputo is a producer, marketer and distributor of a wide array of products including cheese, fluid milk, yogurt, dairy ingredients and snack-cakes. Saputo was incorporated in 1954 and is based in Montreal, Canada.


DEAL STATS #
Overall 7 of 17
Sector (Food) 7 of 17
Type (Add-on Acquisition) 6 of 14
State (Alberta) 1 of 1
Country (Canada) 6 of 7
Year (2000) 2 of 2
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-24 Cayer-JCB Group

Saint-Léonard, Quebec, Canada

Cayer-JCB Group, Inc. specialises in the manufacturing of European-type cheeses such as havarti, brie, camembert, feta and goat. The company's range of well-established brands include: Cayer, Etoile, Belle-Crème and Le Baron. Cayer sell its products mainly at the retail level across Canada, as well as in many American states.

Buy CA$20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-27 Schneider Cheese

Waldo, Wisconsin, United States

Schneider Cheese, Inc., is a US company that manufactures and sells string cheeses and cheese sticks under the Schneider brand name and other private labels.

Buy $24M