Canadian dairy cooperative Agropur has agreed to sell its "fine cheese" business to the local unit of French group Lactalis.
The transaction includes the Quebec-made brands Oka, Monsieur Gustav and L'Extra along with the Oka and Saint‑Hyacinthe production facilities in the province.
Agropur will also divest its fine cheese import activities as part of the deal, Lactalis said in its statement.
In a separate release, Agropur said the move is part of an ongoing plan to "simplify and optimise its operations" and support its "long‑term competitiveness".
The cooperative added that it intends to focus on operations that generate the "greatest value" for its farmer members. This includes production of fluid milk, industrial cheese, ***** er and dairy ingredients.
The transaction includes the Quebec-made brands Oka, Monsieur Gustav and L'Extra along with the Oka and Saint‑Hyacinthe production facilities in the province.
Agropur will also divest its fine cheese import activities as part of the deal, Lactalis said in its statement.
In a separate release, Agropur said the move is part of an ongoing plan to "simplify and optimise its operations" and support its "long‑term competitiveness".
The cooperative added that it intends to focus on operations that generate the "greatest value" for its farmer members. This includes production of fluid milk, industrial cheese, ***** er and dairy ingredients.
2 months ago
