Insights and Stories on Cheese

Sep. 16, 2020 at 3:10 pm CDT

Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories […]

By Reuters

Feb. 7, 2020 at 9:56 am CST

Canadian dairy processing giant Saputo, in a move it describes as “right-sizing” its manufacturing footprint, plans to close two of its plants in Eastern Canada within a year. Montreal-based Saputo said Thursday it will close the former Riverside Cheese and Butter plant at Trenton, Ont. this September and its Baxter […]

By GFM Staff

Dec. 3, 2019 at 7:58 am CST

Washington | Reuters — The U.S. government on Monday said it may slap punitive duties of up to 100 per cent on US$2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies. The U.S. […]

By Andrea Shalal, David Lawder

Dec. 3, 2019 at 12:16 am CST

Ontario’s first producer of verified-grass-fed butter and cheeses is set to become part of the province’s biggest dairy co-operative. Gay Lea Foods said Monday it has completed a deal to buy Thornloe Cheese from its current owner, Guelph-based dairy genetics firm EastGen, for an undisclosed sum. Thornloe Cheese on its […]

By GFM Staff

Oct. 24, 2019 at 12:53 pm CDT

Agropur has gone back to Plan A for the fate of a major Quebec soft cheese processing plant after halting talks with the province’s goat dairy farmer association. Canada’s biggest dairy co-operative had announced in September last year it would close the former Fromagerie Damafro plant at Saint-Damase, Que. in […]

By GFM Staff