{"id":77159,"date":"2026-08-14T15:24:46","date_gmt":"2026-08-14T15:24:46","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/08\/14\/saputo-to-sell-u-k-operations-for-1-86-billion\/"},"modified":"2026-08-14T15:24:46","modified_gmt":"2026-08-14T15:24:46","slug":"saputo-to-sell-u-k-operations-for-1-86-billion","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/08\/14\/saputo-to-sell-u-k-operations-for-1-86-billion\/","title":{"rendered":"Saputo to sell U.K. operations for $1.86 billion"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<br \/><iframe loading=\"lazy\" title=\"Why autos, alcohol and dairy are behind Trump\u2019s new Canada tariffs\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/hzgrNekhVpA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p> Saputo Inc. has agreed to sell its U.K dairy division to French dairy giant Groupe Lactalis S.A. for approximately \u00a3988 million. <\/p>\n<p> The Montreal-based dairy company announced the deal on Friday, which is expected to close by the end of the first quarter of 2027 after regulatory approvals. <\/p>\n<p> The transaction includes five manufacturing facilities, as well as local brands, including Cathedral City, Wensleydale, Davidstow, Clover and Country Life. <\/p>\n<p> \u201cToday\u2019s announcement reflects a disciplined step to refine our global footprint and sharpen our focus on platforms where Saputo competes from a position of strength,\u201d said chief executive Carl Colizza in a press release. \u201cWe look forward to seeing these strong assets and brands continue to build on their market positions under new ownership.\u201d <\/p>\n<p> The company said that its U.K. dairy division has generated approximately $1.2 billion of revenues over the last four quarters. This represents seven per cent of consolidated revenues of Saputo, one of the top ten dairy processors in the world. <\/p>\n<p> Prior to the contemplated sale, Saputo is the leading manufacturer of branded cheese and dairy spreads in the United Kingdom. <\/p>\n<ul class=\"related_links\">\n<li>Gay Lea to expand Toronto dairy plant<\/li>\n<li>Here&#8217;s a reality check on Trump&#8217;s potential \u2018Liberation Day\u2019 trade beefs<\/li>\n<\/ul>\n<p> A month ago, Lactalis also reached an agreement to acquire Canadian cooperative Agropur\u2019s fine cheese division, which includes flagship Quebec-made brands Monsieur Gustav, OKA and L\u2019Extra, which generates revenue of approximately $180 million. <\/p>\n\n<br \/>Saputo to sell U.K. operations for $1.86 billion<\/a><br \/>\n<br \/>2026-08-14 15:24:46<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saputo Inc. has agreed to sell its U.K dairy division to French dairy giant Groupe Lactalis S.A. for approximately \u00a3988 million. The Montreal-based dairy company announced the deal on Friday,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":77160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/08\/0815-bc-saputo-.jpg","fifu_image_alt":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-77159","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/77159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=77159"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/77159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/77160"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=77159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=77159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=77159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}