date:Apr 24, 2013
French dairy group Lactalis is in negotiations to acquire Canadian dairy processor Saputo's cheese manufacturing facility in Germany for an undisclosed amount.
Saputo's German facility manufactures Italian specialty cheeses for the retail market segment, while the UK facility primarily produces mozzarella for the food service sector.
Saputo spokeswoman Sandy Vassiadis said that the company is in advanced stages of negotiations regarding a possible sale of the German cheese plant.
The company