M&A Deal Summary

Saputo Acquires Froma-Dar

On December 23, 1997, Saputo acquired food company Froma-Dar

Acquisition Highlights
  • This is Saputo’s 2nd transaction in the Food sector.
  • This is Saputo’s 1st transaction in Canada.
  • This is Saputo’s 1st transaction in Quebec.

M&A Deal Summary

Date 1997-12-23
Target Froma-Dar
Sector Food
Buyer(s) Saputo
Deal Type Add-on Acquisition

Target

Froma-Dar

Saint-Boniface-de-Shawinigan, Quebec, Canada
Froma-Dar, Inc. is a distributor and manufacturer of cheddar and cheese curds. The Company produces 1.7 million kilograms of cheese annually.

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Buyer(S) 1

Buyer

Saputo

Montreal, Quebec, Canada

Category Company
Founded 1954
Sector Food
Employees19,400
Revenue 19.1B CAD (2025)
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, Quebec.


DEAL STATS #
Overall 2 of 17
Sector: Food M&A 2 of 17
Type: Add-on Acquisition M&A Deals 1 of 14
State: Quebec M&A 1 of 3
Country: Canada M&A 1 of 7
Year: 1997 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-11-10 Stella Foods

Lincolnshire, Illinois, United States

Stella Foods, Inc. is the fifth largest cheese producer in the United States and is present in all segments of the cheese industry, selling branded and private label products to retail, industrial and food service customers. Stella's portfolio of products is sold under well-established national and regional brands including Stella, Frigo, Gardenia, Dragone and Lorraine.

Buy $405M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-20 Riverside Cheese and Butter

Trenton, Ontario, Canada

Riverside Cheese and Butter, Inc. is a cheese manufacturer and produces and markets Italian specialty cheeses such as mozzarella and parmesan as well as butter and cream, under the brand names of Riverside and Della Riva.

Buy -