Lactalis acquires Agropur’s fine cheese division

Lactalis Canada reaches a definitive agreement with Agropur Cooperative to acquire assets of its fine cheese division including Quebec-made brands OKA, Monsieur Gustav and L’Extra, two production facilities as well as its fine cheese import activities. The acquisition is subject to customary closing conditions and approval by Competition Bureau Canada.

These artisanal cheeses enhance Lactalis Canada’s portfolio of specialty and core cheese brands including Galbani, Président, Cracker Barrel, Black Diamond, P’tit Québec, Balderson, Cheestrings Ficello and aMOOza!.

“This acquisition represents a major opportunity for Lactalis to build on flagship Quebec brands and outstanding cheesemaking expertise. It strengthens our position in the Canadian market and supports our ambition to provide consumers with healthy, high-quality dairy products, driven by excellence and innovation,” said Emmanuel Besnier, chair of Lactalis Group.

Through this transaction, Lactalis Canada will acquire two production facilities in Oka and Saint-Hyacinthe, Que. and add approx. 400 employees to its 4,500 team across Canada.


Source: www.foodincanada.com

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