The Dairy Crest brand name will be replaced by Saputo Dairy UK from July, its new boss Tom Atherton has confirmed. He joined Saputo in 2015 as Senior Vice President, Supply Chain in the Dairy Division (Canada). Consolidated revenues for the three-month period ending March 31, 2020, totalled C$3.719bn (US$2,776bn), an increase of 14.9%. Canada's Saputo Inc is to enter the British market for the first time after agreeing to buy food company Dairy Crest Group Plc for 975 million pounds ($1.27 billion). Saputo has received irrevocable undertakings to vote, or procure the vote, in favour of the Transaction from all of the directors of Dairy Crest who hold shares in Dairy Crest.

Dairy Crest Group Plc for 975 million pounds ($1.3 billion), gaining a foothold in Europe just months after snapping up Australia’s biggest dairy processor. The change to the corporate brand will have no impact on Dairy Crest’s consumer-facing brands, including Cathedral City cheddar, Clover dairy spread, Country Life butter and Frylight cooking spray. Both companies have built strong positions in the cheese sectors in their respective home markets.

Saputo, one of the biggest dairy processors in the world, will pay 620p a share, valuing Dairy Crest at £975m. Lino A. Saputo, Jr., chairman and CEO of Saputo said: “Dairy Crest is an attractive platform for Saputo and fits well within our growth strategy.

Lazard is acting as financial advisor to Saputo, and Freshfields Bruckhaus Deringer LLP …

Since April 2019, Frank serves as President and Chief Operating Officer of the Dairy Division (Canada). Following its acquisition by Canadian dairy company Saputo Inc., UK company Dairy Crest has changed its name to Saputo Dairy UK. End of era for Dairy Crest name in Saputo takeover - Farmers Weekly The Dairy Crest brand name will be replaced by Saputo Dairy UK from July, its new boss Tom Atherton has confirmed.

The Saputo Promise Our approach to corporate responsibility is to focus our efforts where it matters.

By Adria Calatayud .

Saputo will officially set foot in Europe as of April 15, after its $1.7-billion offer for Dairy Crest Group was accepted by the United Kingdom-based company’s shareholders. Saputo has acquired the entire issued ordinary share capital of Dairy Crest for £6.20 (US$8.13) per ordinary share, valuing Dairy Crest's share … On October 28, 2019, Saputo acquired the specialty cheese business of Lion Dairy & Drinks Pty Ltd in Australia. MONTRÉAL, April 15, 2019 -- Saputo Inc. ("Saputo" or the "Company") (TSX: SAP) completed today the transaction announced on February 22, 2019 and acquired Dairy Crest. In May 2017, he was promoted to Senior Vice President, Operations, Supply Chain and Continuous Improvement. MONTRÉAL, April 15, 2019 -- Saputo Inc. ("Saputo" or the "Company") (TSX: SAP) completed today the transaction announced on February 22, 2019 and acquired Dairy Crest.

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