Saputo Inc. completes the acquisition of the activities of Boulangerie Rondeau Inc. and Biscuits Rondeau Inc.
Saputo Inc. completes the acquisition of the activities of Boulangerie Rondeau Inc. and Biscuits Rondeau Inc.
07/28/2006 12:00 UTC
(Montréal, July 28, 2006) – Saputo Inc. has completed the transaction announced on
July 7, 2006 for the acquisition of the activities of Boulangerie Rondeau Inc. and Biscuits Rondeau Inc. (“Rondeau”), that manufacture, commercialize and distribute fresh tarts and fresh cookies under the Rondeau, Big Daddy, Original, Authentic, Good and Simple brands, as well as other private brands from their facilities located in the province of Québec.
Founded in 1995, Rondeau is a leader in the production of fresh cookies in Canada. With annual revenues reaching approximately CDN $14 million, the company employs a total of 145 people in its two plants located in Laval and Quebec City (Canada). These assets will complement the current activities of Saputo’s Bakery Division; the most important manufacturer of snack-cakes in Canada and a leader in the cereal bar market in Quebec.
About Saputo
Always with an expert hand, Saputo transforms into success the passion and initiative of the 8,500 dedicated men and women who work in its 46 plants around the world. Combining tradition and innovation, the Company produces, commercializes and distributes the highest quality products under such well-known brands as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, De Lucia, Dragone, DuVillage de Warwick, Frigo, Kingsey, La Paulina, Nutrilait, Princesse, Ricrem, Sir Laurier d’Arthabaska, Stella, Treasure Cave, Big Daddy, HOP&GO!, Rondeau and Vachon. As one of the top twenty dairy processors in the world, the largest dairy processor in Canada, amongst the top five cheese producers in the United States, the third largest dairy processor in Argentina and the largest snack-cake manufacturer in Canada, Saputo renews its commitment to excellence and growth every day. Saputo Inc. is a public company whose shares are listed on the Toronto Stock Exchange under the symbol SAP. Visit our Web site at www.saputo.com.
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Information
Manon Goudreault
Director, communications
(514) 328-3377
July 7, 2006 for the acquisition of the activities of Boulangerie Rondeau Inc. and Biscuits Rondeau Inc. (“Rondeau”), that manufacture, commercialize and distribute fresh tarts and fresh cookies under the Rondeau, Big Daddy, Original, Authentic, Good and Simple brands, as well as other private brands from their facilities located in the province of Québec.
Founded in 1995, Rondeau is a leader in the production of fresh cookies in Canada. With annual revenues reaching approximately CDN $14 million, the company employs a total of 145 people in its two plants located in Laval and Quebec City (Canada). These assets will complement the current activities of Saputo’s Bakery Division; the most important manufacturer of snack-cakes in Canada and a leader in the cereal bar market in Quebec.
About Saputo
Always with an expert hand, Saputo transforms into success the passion and initiative of the 8,500 dedicated men and women who work in its 46 plants around the world. Combining tradition and innovation, the Company produces, commercializes and distributes the highest quality products under such well-known brands as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, De Lucia, Dragone, DuVillage de Warwick, Frigo, Kingsey, La Paulina, Nutrilait, Princesse, Ricrem, Sir Laurier d’Arthabaska, Stella, Treasure Cave, Big Daddy, HOP&GO!, Rondeau and Vachon. As one of the top twenty dairy processors in the world, the largest dairy processor in Canada, amongst the top five cheese producers in the United States, the third largest dairy processor in Argentina and the largest snack-cake manufacturer in Canada, Saputo renews its commitment to excellence and growth every day. Saputo Inc. is a public company whose shares are listed on the Toronto Stock Exchange under the symbol SAP. Visit our Web site at www.saputo.com.
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Information
Manon Goudreault
Director, communications
(514) 328-3377
Lynda Leith
Investor Relations
(514) 328-3381
