Saputo to acquire Lion-Dairy & Drinks’ specialty cheese business
The specialty cheese business produces, markets and distributes a variety of specialty cheeses.
Saputo Inc., Canada, announced plans to acquire the specialty cheese business of Lion-Dairy & Drinks Pty Ltd., which is conducted at two manufacturing facilities in Burnie and King Island, Tasmania (Australia) and employs approximately 400 people.
The specialty cheese business produces, markets and distributes a variety of specialty cheeses under a wide portfolio of Australian brands, including South Cape, Tasmanian Heritage, Mersey Valley and King Island Dairy.