date:Oct 09, 2013
more than 420 staff.
The company produces a wide of dairy products for domestic and export markets, including cheese, butter and butter blends, milk, cream and dairy ingredients.
Warrnambool reported consolidated revenues of C$477m with EBITDA of C$25m for the year ended 30 June.
Under the terms, Saputo made an off-market offer of A$7, beating a A$5.75 per share offer from Warrnambool's majority owner Bega Cheese in September. It plans to pay for the transaction through a new bank loan with