Friday, November 16, 2018
 Lactalis in Talks to Acquire Soon-To-Close German Saputo Cheese Plant  

French dairy group Lactalis is in negotiations to acquire Canadian dairy processor Saputo's cheese manufacturing facility in Germany for an undisclosed amount.

Saputo's German facility manufactures Italian specialty cheeses for the retail market segment, while the UK facility primarily produces mozzarella for the food service sector.

If negotiations between Lactalis and Saputo are successful, about 70 jobs will be saved at the Heiden plant or it will have to face a closure.

In February, Saputo announced the closure of its cheese production plant in Germany, and has proposed to shut down its facility in Wales, UK, citing challenging market conditions in Europe.

Saputo earmarked its Heiden, Germany facility for closure, and the company has started a 30-day consultation period with regard to the closure of its cheese facility in Newcastle Emlyn, Wales. In addition, Saputo is in discussions with undisclosed party with regard to the sale of Wales facility.

Source: Food Business Review

Posted on Thursday, April 25, 2013 (Archive on Thursday, May 02, 2013)
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