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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.  
 


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The Unveiling Of A Brand New Tractor! Brand New Caseih Magnum!!

Video: The Unveiling Of A Brand New Tractor! Brand New Caseih Magnum!!

Case IH invited us out to an event in Racine, Wisconsin, and it turned out to be an absolute trip of a lifetime! CaseIH is celebrating the 250th anniversary in style!! Very cool to be apart of this event!

We kicked things off with an incredible deep-dive into the rich history of Case IH and the legendary Magnum tractor lineup. From there, we got exclusive, behind-the-scenes access to the official Case IH testing facility to see how these massive machines are pushed to their absolute limits.

But the real highlight came after the tour. We were transported to a location for the main event: the grand unveiling of a brand-new, completely custom, 1-of-1 tractor named "Providence."

A massive thank you to Case IH for inviting us out and letting us bring you guys along for the ride. This was an experience we won't ever forget!

Drop a comment below: What do you think of the "Providence" Magnum?!