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Saputo sells bakery division to Canada Bread | Canadian Grocer

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in December
By Canadian Press

Canada Bread Co. has agreed to pay $120 million in cash to buy Saputo Inc.’s bakery division, which makes Joe Louis and May West snack cakes.

Montreal-based Saputo is primarily a cheese and dairy company, with operations throughout Canada, the United States and outside of North America.

http://www.canadiangrocer.com/top-stories/saputo-sells-bakery-division-to-canada-bread-47299
 

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