Saputo boss Lino Saputo Jr says the Canadian dairy giant is still pursuing its aggressive acquisition strategy despite a collapse in global milk prices.
Mr Saputo said the company was hungry for more deals in the Oceania region and South America.
It comes almost 18 months after Saputo trumped local rivals, Murray Goulburn and Bega Cheese, with a $450 million all cash bid to take over Australia's oldest listed milk processor, Warrnambool Cheese and Butter.
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