Saputo buys F&A Dairy Products for $85 million
Saputo Inc. has entered into an agreement to acquire F&A Dairy Products and its two manufacturing facilities located in Las Cruces, N.M., and Dresser, Wis., for $85 million.
Saputo Inc. has entered into an agreement to acquire F&A Dairy Products and its two manufacturing facilities located in Las Cruces, N.M., and Dresser, Wis., for $85 million. The business, which manufactures a variety of natural cheeses, including mozzarella and provolone, employs approximately 170 people.
F&A Dairy Products generated revenues of approximately $163 million in its latest fiscal year. The acquisition of F&A Dairy Products’ activities will add to and complement the activities of Saputo’s Cheese Division (USA).
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