Saputo has completed the acquisition of the Carolina Aseptic and Carolina Dairy businesses formerly operated by AmeriQual Group Holdings. These businesses, which join Saputo’s Dairy Division (USA) under its USA Sector, are conducted at two facilities in North Carolina and employ approximately 230 people. The purchase price of US$118 million (approximately CDN$149 million), on a cash-free and debt-free basis, was paid in cash at closing.
Seal the Seasons, the first national brand to sell locally grown frozen produce, has added Serafina Palandech as VP of sales, and Tom Healy as senior sales advisor. Over the past 10 years, Palandech founded, scaled, and sold her own organic chicken nugget venture. Healy played a significant sales role at both Vitamin Water and Pirates Booty prior to their successful acquisition.
