The agreement covers plants in Truro, Nova Scotia and Lachute, Quebec, Canada.
Canada-based Agropur Cooperative acquired the assets of Scotsburn Cooperative Services Ltd., thereby expanding its presence in the ice cream and novelties market. The agreement covers plants in Truro, Nova Scotia and Lachute, Quebec, Canada, which manufacture more than 50 million liters of frozen dairy products per year under the Scotsburn brand.
"I am very happy that this transaction, which will help combine dairy processing assets in the hands of milk producers, has closed," says Serge Riendeau, president of Agropur.