Saputo exiting the European cheese market
date:Feb 26, 2013
en a learning and challenging experience. Today, the Saputo European business does not have sufficient critical mass to be profitable, and the company does not see short to mid-term opportunities to ensure such profitability. Saputo has therefore decided to close its Germany plant and proposes the closure of its United Kingdom facility, subject to the consultation period, to further concentrate efforts and resources in its current platforms and other markets.

Saputo acquired the German plant in
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