Saputo acquires F&A Dairy of California
July 21, 2009
by FoodBusinessNews.net Staff
MONTREAL — Saputo, Inc. has completed its acquisition of F&A Dairy of California, Inc., a company that manufactures, sells and distributes cheese and whey products.
The transaction was for $44.5 million. F&A Dairy has a facility in Newman, Calif. The company produced about 80 million lbs of cheese and had sales of about $140 million in 2008.