Saputo agrees to sell its U.K. operations to Lactalis for about $1.86 billion, according to reports. The transaction is set to transfer Saputo’s dairy manufacturing footprint and several established local brands to the French company.
The deal includes five manufacturing facilities in the U.K. and a portfolio of brands, which sources say includes Cathedral City, Wensleydale, Davidstow, Clover, and Country Life. The reports present the sale as a significant restructuring of Saputo’s international assets and a consolidation of Lactalis’s position in the U.K. market.
While both outlets focus on the same overall agreement, they emphasize the components of the package—particularly the number of sites and the branded products included. Additional details such as timing, regulatory approvals, and any specific financial adjustments are not outlined in the provided excerpts.