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(CNW Group/Ultima Foods)
Livestock

Lactalis to buy Agropur’s yogurt business

Deal to include two processing plants, major yogurt brands

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Canadian dairy co-operative Agropur has reached a deal to sell its yogurt processing business and plants to the Canadian arm of French dairy giant Groupe Lactalis. The deal, as announced Thursday, will include Agropur’s plants at Granby, Que. and Delta, B.C. plus the operations at a distribution centre it leases at Longueuil, Que. Financial terms […] Read more
(OlympicDairy.com)
Livestock

Agropur to take control of Iogo, Olympic yogurt maker

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Ultima Foods, the Canadian maker of Iogo and Olympic yogurt products, is set to become the sole property of Quebec dairy producers’ co-op Agropur. Agropur and Agrifoods International Co-operative, which combined their yogurt manufacturing and marketing operations in 1993 to form Ultima as a 50-50 joint venture, announced a deal Thursday which will see Agropur […] Read more
(CNW Group/Ultima Foods)
Livestock

Iogo maker to ramp up drinkable yogurt production

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The yogurt-making joint venture of dairy co-ops Agropur and Agrifoods International plans to boost its drinkable yogurt output by adding another production line in Quebec’s Monteregie. Ultima Foods announced last week it will put up $10.8 million of its own funds plus a $3.6 million interest-free loan from Investissement Quebec, the investment arm of the […] Read more
Agropur in 2016 expanded capacity at its Feta cheese plant at Weyauwega, Wisconsin, a move it said will “keep it number one in Feta production in the U.S.” (Agropur.com)
Livestock

Agropur raises 2016 sales, patronage dividends

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Acquisitions and cost-cutting have combined to boost dairy co-operative Agropur’s year-end bottom line — and to raise its total patronage dividends for the year by 50 per cent. The Quebec co-operative, which in 2016 landed on Rabobank’s list of the world’s 20 largest dairy companies for the first time, booked net earnings before patronage and […] Read more

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