MONTREAL (FNS) -- Local mozzarella cheese manufacturer Saputo Group here has swallowed Stella Foods of Lincolnshire, Ill., the second-largest mozzarella cheese maker in the United States, in a deal worth $563 million Canadian (U.S. $405.3 million). ut 15% of Saputo's annual sales of $461 million (U.S. $331.9 million) came from the United States, from its plants in Maryland and Vermont. Saputo's was the best of five bids for Stella Foods, according to an official from Specialty Foods, which ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.