M&A Deal Summary

Saputo Acquires Dairy Crest Group

On February 22, 2019, Saputo acquired food company Dairy Crest Group for 975M GBP

Acquisition Highlights
  • This is Saputo’s 17th transaction in the Food sector.
  • This is Saputo’s largest (disclosed) transaction.
  • This is Saputo’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-02-22
Target Dairy Crest Group
Sector Food
Buyer(s) Saputo
Deal Type Add-on Acquisition
Deal Value 975M GBP

Target

Dairy Crest Group

Esher, United Kingdom
Dairy Crest Group plc, a dairy food company, processes and sells fresh milk and branded dairy products in the United Kingdom and internationally. It offers various cheese products, including cheddar cheese under the Cathedral City, Davidstow, and Chedds brands; and butter and spreads under the Country Life, Clover, Utterly Butterly, Vitalite, and Willow brands.

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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 17 of 17
Sector (Food) 17 of 17
Type (Add-on Acquisition) 14 of 14
Country (United Kingdom) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-26 F&A Dairy Products

Las Cruces, New Mexico, United States

F&A Dairy Products, Inc. is a manufacturer of natural cheeses, including mozzarella and provolone, which are distributed in the United States and Mexico.

Buy $85M
Mergr

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