Largest dairy processor in Canada, and the twelfth largest in the world. Majority owned by the founding Saputo family. Founded in Canada in 1954, the company has expanded by mergers and acquisitions, particularly the USA, UK, Germany and Argentina. Acquired a majority stake in Australia's Warrnambool Cheese & Butter in Jan 2014.
This company has products rated RED in Greenpeace Canada's "How to Avoid Genetically Engineered Foods" Shoppers Guide. Products on the RED list are likely to contain GE or GE-derived ingredients from the most widely grown GE crops, usually corn, soy, canola or cotton. Companies on this list have confirmed that their products may or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
[Source 2013][More on Genetic Engineering]
This company has a number of environmental claims on its website.
[Source 2013][More on Environmental Claims]
A 2015 Mercy For Animals Canada investigation revealed animal abuse at Chilliwack Cattle Company - a major Saputo dairy supplier. Saputo responded by releasing a new animal welfare policy and saying it will refuse to buy milk from farmers that don't treat their animals humanely. The policy also commits to eliminating the practice of cutting or docking the cow's tail, administering pain control when dehorning cattle and reducing stress on cows through low-energy animal handling methods.
[Source 2015][More on Animal Rights]
|Company Structure||Public company|
|Revenue||US$7.2 billion in 2013|
|# Employees||12,000 in 2013|
|Subsidiaries||Warrnambool Cheese and Butter Factory Company Holdings Ltd (88% owned)|
Products / BrandsWarrnambool Cheese & Butter (88% owned)
Cracker Barrel Cheese
Fred Walker Cheese
Great Ocean Road Cheese
Great Ocean Road Milk
Great Ocean Road Flavoured Milk
Mil Lel Cheese
Sungold Flavoured Milk
Canada's Saputo acquires Warnambool Cheese and Butter
13th Feb 2014 — Saputo's takeover offer for Warrnambool Cheese and Butter Factory has closed, with the Canadian dairy giant holding just shy of 88% of the Australian processor. In a statement issued to the Australian stock exchange, Saputo said it had "acquired a relevant interest of 87.920% of Warrnambool shares". Saputo, which beat off bids for WCB from Australian firms Bega Cheese and Murray Goulburn, added: "Saputo looks forward to working closely with the board and management of Warrnambool to pursue Warrnambool's strategic objectives and continue to grow its business. At this stage Saputo expects that Warrnambool will remain listed on ASX, unless and until Warrnambool no longer meets criteria for listing." Japanese food and drinks giant Kirin Holdings has retained its 9.99% stake in WCB, shares acquired through Australian dairy arm Lion. Read more... [source]