August 27, 2016 7:41 AM ET

Food Products

Company Overview of Agropur Cooperative

Company Overview

Agropur Cooperative, together with its subsidiaries, engages in the processing and sale of dairy products primarily in Canada and the United States. The company provides milk and dairy products, dips and juices, fine cheeses, yogurt, ice creams, cottage cheeses, cream cheeses, organic yogurt, organic cream cheeses, sour cream, and soyogurt. It also exports dairy products and food ingredients. The company offers its products primarily under the Natrel, Québon, OKA, Farmers, Central Dairies, Agropur Signature, Allegro, Damafro, Sealtest, biPro, Dairytown, ISO CHILL, PZ-44, Masters Reserve, iögo, Island Farms, and Agropur Grand Cheddar brands. Agropur Cooperative was founded in 1938 and is head...

101 Roland-Therrien Boulevard

Suite 600

Longueuil, QC J4H 4B9

Canada

Founded in 1938

Phone:

450-646-1010

Key Executives for Agropur Cooperative

Chief Executive Officer and Member of Audit Committee
Age: 55
Founder, Chairman, President and Member of Executive Committee
Chief Financial Officer and Senior Vice President
President of Canada Operations for Agropur Cooperative
President of U.S. Operations for Agropur Inc
Compensation as of Fiscal Year 2016.

Agropur Cooperative Key Developments

Agropur Dairy Cooperative Officially Opens New Head Office Based in Quebec

Agropur Dairy Cooperative officially opened June 21, 2016, its new head office complex in Longueuil, Quebec. The $100 million, near-90,000-square-metre facility keeps Agropur's decision-making centre in Quebec. Eventually, 800 employees will work at the smart, collaborative offices, which have been unobtrusively integrated into their natural setting. The opening of the head office complex is the culmination of more than three years of planning and construction. The building's distinguishing features include a design that is integrated into nature and respectful of the environment. Head office employees will be in daily contact with nature just as Agropur members are. The discreet, low-rise building with abundant windows is below tree height. Five cranes were used during construction to limit the impact on vegetation at the site. The complex designed by the Quebec firm Le Groupe Architex has been granted Canada Green Building Council certification and is in the process of obtaining LEED certification. The building boasts all the latest technology: electronic booking of conference rooms, Skype phones, employee card-controlled printers. It was designed to make maximum use of natural light, with smart blinds and motion-activated lighting. The perimeter heating is hot water and a solar energy system has been installed on the south wall to heat he cafeteria. With its 85% open-plan offices and a variety of collaborative spaces, Agropur's new head office provides employees with a stimulating work environment that supports a healthy lifestyle. The wooded environment and footpath create pleasant surroundings conducive to productive work. The underground parking contains electric charging stations. The complex also includes a gym and bicycle parking.

Agropur Cooperative Announces Earnings Results for the Year Ended November 1, 2015

Agropur Cooperative announced earnings results for the year ended November 1, 2015. For the period, the company reported revenues totalled $5.9 billion, a 26% year-over-year increase, and adjusted earnings from operations or adjusted EBITDA (earnings before interest, taxes, depreciation, amortization and joint venture) amounted to $306.0 million, a 10.2% increase. The year 2015 was largely devoted to significant investment in manufacturing infrastructure 'totalling $280 million, a record high for Agropur' and to consolidation and integration of the merger and acquisitions made in 2014 and 2015.

Agropur Seeks Acquisitions

Agropur Cooperative is looking to grow in the United States, possibly through acquisitions.

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