Saputo Announces Appointment in Senior Management

May 8, 2019 Saputo

Following a mutually agreed upon decision and the successful completion of the transaction, Mr. Mark Allen is stepping down as Chief Executive of Dairy Crest. As such, Mr. Tom Atherton, Dairy Crest Deputy Chief Executive and Group Finance Director, is appointed President and Chief Operating Officer of Saputo’s Dairy Division (UK). This appointment, effective immediately, follows the succession plans set forth by the Division.

Dairy Crest Group accepts Saputo’s $ 1.7B offer

April 3, 2019 Presse Canadienne

Saputo will officially set foot in Europe as of April 15, after its $1.7-billion offer for Dairy Crest Group was accepted by the United Kingdom-based company’s shareholders.

Saputo to Acquire Dairy Crest Group plc, A UK-Based Dairy Company

February 25, 2019 Saputo

Saputo Inc. announces that it has reached an agreement with Dairy Crest Group plc on the terms of a cash acquisition by which Saputo will acquire the entire issued and to be issued ordinary share capital of Dairy Crest for £6.20 per ordinary share, valuing Dairy Crest’s existing issued and to be issued ordinary share capital at approximately £975 million (approximately CDN $1.7 billion).