Deals
Canada Milk Giant Has Plant-Based Beverage Maker in Its Sights
- Saputo is looking at three or four acquisition opportunities
- Company wants to diversify offerings to fit consumer tastes
This article is for subscribers only.
Canadian dairy giant Saputo Inc. is considering an acquisition to tap growing demand for plant-based beverages.
After several acquisitions in the past two years, the Montreal-based company still has room on the balance sheet and is looking at three or four potential deals, including buying a plant-based beverage company, Chief Executive Officer Lino Saputo Jr. said in a telephone interview.