date:Apr 24, 2013
is making every effort at the moment to close the transaction by the end of this month, Vassiadis added.
If negotiations between Lactalis and Saputo are successful, about 70 jobs will be saved at the Heiden plant or it will have to face a closure.
In February, Saputo announced the closure of its cheese production plant in Germany, and has proposed to shut down its facility in Wales, UK, citing challenging market conditions in Europe.
Saputo earmarked its Heiden, Germany facility for closure,