Saputo buys largest U.S. goat cheese manufacturer

(Photo by Maryse Tremblay, Wikimedia Commons, CC BY-SA 3.0)

Montreal-based dairy company Saputo has announced another international acquisition — the largest goat cheese manufacturer in the U.S.

Saputo says it has entered an agreement to acquire Betin, Inc., which operates mainly under the Montchevre brand, and employs 319 people at its manufacturing facility in Belmont, Wisconsin.

Montchevre generated C$150 million in revenues in the fiscal year ending June 30th, says Saputo.

“The transaction will enable the Cheese Division (USA) of Saputo to broaden its presence in specialty cheese in the United States,” the company says.

Montchevre was founded in 1989 and supports a network of more than 360 farms, according to its website.

The deal comes less than a week after Saputo announced a deal to acquire Murray Goulburn Co-operative — Australia’s largest milk processor — in a transaction worth $1.3 billion, including the Australian company’s debt.


RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.


Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »


Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.