Saputo Inc. produces, markets, and distributes dairy and grocery products. The company’s products include cheese, fluid milk, yogurt, dairy ingredients and snack-cakes. Its products are sold in approximately 40 countries under brands, such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, Danscorella, De Lucia, Dragone, DuVillage 1860, Frigo Cheese Heads, Kingsey, La Paulina, Neilson, Nutrilait, Ricrem, Stella, Treasure Cave, HOP&GO!, Rondeau and Vachon. The company operates its business through two sectors and five divisions, the Dairy Products Sector and the Grocery Products Sector. The Canada, Europe and Argentina (CEA) Dairy Products Sector consists of the Dairy Products Division (Canada), the Dairy Products Division (Europe) and the Dairy Products Division (Argentina); the USA Dairy Products Sector consists of the Dairy Products Division (USA) and the Grocery Products Sector consists of the Bakery Division. Dairy Products Sector The Dairy Products Sector principally includes the production and distribution of cheeses, fluid milk and dairy ingredients. The activities of this Sector are carried out in Canada, Europe and Argentina (CEA) and in the United Sates (USA). Products manufactured for and sold within this segment include dairy products, as well as non-dairy products such as non-dairy creamers, juices and drinks. The company’s products include Creama, a line-up of regular and flavored dairy creamers; DuVillage 1860 new specialty cheeses Fleur de Lys, Lady Laurier and Le Pleine Lune; and Li’l Ones Toddler yogurt fortified with Vitamin D and DHA. It reformulates the Shape yogurt with reduced calorie count to 40 per serving. It markets two new sheep’s milk cheeses under the Alexis de Portneuf brand. It processes an average of 2.2 million litres of raw milk daily. The company offers new flavours in La Paulina spreadable cheese line, Port Salut and Port Salut Light, to cater to the specific taste of the domestic market. The company offers new Alto mozzarella brand in the foodservice channel. It re-launches of the Black Creek cheddar brand. It distributes Stella Toppers fresh mozzarella product line in new packaging with a resealable zipper. It offers new premium and contemporary package for its blue cheese Treasure Cave brand. The company offers its products to specialty cheeses and line distributors, as well as to restaurants and hotels under its own brand names and various private labels. Through its Canadian distribution network, it also offers non-dairy products manufactured by third parties. The company also produces dairy blends mainly for the ice cream market. It offers is products to food processors that use its products as ingredients to manufacture their products. It supplies various international clients with cheese, lactose, whey powder and protein. Grocery Products Sector The Grocery Products Sector consists of the production and marketing of mainly snack-cakes. During early 2009, the company launched 8 Vachon cakes reformulated to contain 100 calories, including Ah! Caramel, Jos Louis and May West. It offers HOP&GO! Signature squares in 3 different flavours. It distributes a De Luxe fruit cake during the Holiday Season. The company markets a Jos Louis white cake. The company offers De Luxe cakes available in chocolate and maple flavours. The company’s dairy products are available in all segments of the food market: retail, foodservice, and industrial. Its grocery products are sold in Canada in the retail segment through supermarket chains, independent retailers, and warehouse clubs. Products are also available on a small-scale in the United States, through co-packing agreements whereby the company manufactures products for third parties under brand names owned by such parties. Products manufactured and sold within this Sector include snack-cakes, tarts, cereal bars and fresh cookies and pies. The company offers its products to supermarket chains, mass merchandisers, convenience stores, independent retailers, warehouse clubs and specialty cheese boutiques under its own brand names, as well as under private labels. Acquisitions In 2008, the company acquired Alto Dairy Cooperative in the United States and Neilson Dairy, the dairy division of Weston Foods (Canada) Inc. in Canada. In 2008, the company acquired the activities of Land O’Lakes West Coast industrial cheese business in the United States. History Saputo Inc. was founded in 1954.
saputo inc (SAP:Toronto Stock Exchange)
6869 Métropolitain Boulevard East
Montreal, QC H1P 1X8
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