date:Jul 10, 2014
Canadian agricultural cooperative Agropur has concluded a strategic partnership agreement with grocery chain Sobeys that includes the purchase of the dairy processing activities as well as long term supply agreements, in a deal worth $356m.
The acquisition includes four plants: two located in Edmonton (AB) (milk - ice cream), one in Winnipeg (MB) (milk) and one in Burnaby (BC) (milk); and the licensing of the Lucerne trademark to Agropur for the production and distribution of fluid milk and cre