Saputo Inc. completes the acquisition of the activities of Spezialitäten-Käserei De Lucia GmbH
Saputo Inc. completes the acquisition of the activities of Spezialitäten-Käserei De Lucia GmbH
04/17/2006 12:00 UTC
(Montréal, April 17, 2006) – Saputo Inc. has completed the transaction announced on
March 29, 2006 for the acquisition of the activities of Spezialitäten-Käserei De Lucia GmbH, a German cheese manufacturer producing Italian cheese specialties such as mozzarella, ricotta and mascarpone.
Spezialitäten-Käserei De Lucia GmbH employs approximately 60 people at its manufacturing facility located in Heiden, Germany. The company’s revenues in its last fiscal year were approximately Euro 20 million. These assets will complement Saputo’s current activities in Canada, the United States and Argentina.
About Saputo
Solid foundations, a commitment to excellence and dedication to growth are the keystones that have enabled Saputo to evolve as the largest dairy processor in Canada, one of the most important cheese producers in North America, the third dairy processor in Argentina and the largest snack cake manufacturer in Canada. Our products, manufactured in 46 plants located across the Americas and in Europe, are marketed under such well-known brand names as Saputo, Armstrong, Alexis de Portneuf, Kingsey, Dairyland, Baxter, Nutrilait, Stella, Frigo, Dragone, Treasure Cave, La Paulina, Ricrem, DeLucia and Vachon. Saputo Inc. is a public company whose shares are listed on the Toronto Stock Exchange under the symbol SAP. Propelled by the same sense of dedication that motivates our 8,500 employees to surpass themselves day after day, we will continue to successfully craft our future. Visit our Web site at www.saputo.com.
- 30 -
Information
Manon Goudreault
Director, Communications
(514)328-3334
March 29, 2006 for the acquisition of the activities of Spezialitäten-Käserei De Lucia GmbH, a German cheese manufacturer producing Italian cheese specialties such as mozzarella, ricotta and mascarpone.
Spezialitäten-Käserei De Lucia GmbH employs approximately 60 people at its manufacturing facility located in Heiden, Germany. The company’s revenues in its last fiscal year were approximately Euro 20 million. These assets will complement Saputo’s current activities in Canada, the United States and Argentina.
About Saputo
Solid foundations, a commitment to excellence and dedication to growth are the keystones that have enabled Saputo to evolve as the largest dairy processor in Canada, one of the most important cheese producers in North America, the third dairy processor in Argentina and the largest snack cake manufacturer in Canada. Our products, manufactured in 46 plants located across the Americas and in Europe, are marketed under such well-known brand names as Saputo, Armstrong, Alexis de Portneuf, Kingsey, Dairyland, Baxter, Nutrilait, Stella, Frigo, Dragone, Treasure Cave, La Paulina, Ricrem, DeLucia and Vachon. Saputo Inc. is a public company whose shares are listed on the Toronto Stock Exchange under the symbol SAP. Propelled by the same sense of dedication that motivates our 8,500 employees to surpass themselves day after day, we will continue to successfully craft our future. Visit our Web site at www.saputo.com.
- 30 -
Information
Manon Goudreault
Director, Communications
(514)328-3334
Saputo Group Inc.
Camillo Lisio, Executive Vice-President
(514) 328-3314
