Saputo acquires Neilson Dairy

by FoodBusinessNews.net Staff
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MONTREAL — Saputo, Inc. is acquiring the activities of Neilson Dairy, a division of Weston Foods that manufactures, sells and distributes dairy products.

The acquisition is for $465 million and is expected to close around Nov. 24. Neilson has annual sales of about $600 million and will give Saputo Dairy Products Division an increased presence in the Ontario fluid milk and cream market.

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