Farms.com Home   Ag Industry News

Saputo Increases Ownership in Australian Dairy Firm

By Farms.com Staff

Saputo Inc., a Canadian dairy giant bought more shares in Australia’s oldest and fifth largest dairy processor, Warrnambool Cheese & Butter Factory Holdings Co.

Montreal-based Saputo bought Warrnambool’s shares after its rival, Bega Cheese Ltd. agreed to sell its 18.8 percent stake, making Saputo own 45.2 percent of the company.

Saputo has offered AU$9.40 per share if it gets 75 percent of Warrnambool and $9.60 per share if it gets 90 per cent. The offer is said to expire Jan. 22.  
 


Trending Video

Pandemic Risks in Swine - Dr. John Deen

Video: Pandemic Risks in Swine - Dr. John Deen

I’m Phil Hord, and I’m excited to kick off my first episode as host on The Swine it Podcast Show. It’s a privilege to begin this journey with you. In this episode, Dr. John Deen, a retired Distinguished Global Professor Emeritus from the University of Minnesota, explains how pandemic threats continue to shape U.S. swine health and production. He discusses vulnerabilities in diagnostics, movement control, and national preparedness while drawing lessons from ASF, avian influenza, and field-level epidemiology. Listen now on all major platforms.

"Pandemic events in swine systems continue to generate significant challenges because early signals often resemble common conditions, creating delays that increase spread and economic disruption."