Saputo Inc. to acquire the activities of Wensleydale Dairy Products
The acquisition will expand the Canadian company’s branded position in the U.K. and abroad.
Saputo Inc. said it entered into an agreement to acquire the activities of Wensleydale Dairy Products Ltd. The business, which will join Saputo Inc.’s Dairy Division (U.K.) under its Europe Sector, operates two facilities located in North Yorkshire, England, and employs approximately 210 people.
The purchase price of approximately CDN$39 million, on a cash-free and debt-free basis, will be paid in cash at closing, Montréal-based Saputo Inc. said.