Saputo Dairy UK

New Research Finds More Americans Ready to Add Plant-Based Food to Their Diets but Struggle to Go All In

Retrieved on: 
Wednesday, January 4, 2023
Diet, Person, Parent, Appetite, Cheese, Name, Innovation, Meat, Marketing, Vitalite, Millennials, Milk, Meal, Mac, Food, Saputo Dairy UK, Eating, Uniloc USA, Inc. v. Microsoft Corp., Saputo, Movement, Fromage, Generation Z, New Year, Gen, New Year's levee, Saputo Inc., Food preservation, Dairy product, Convenience food, Surveying

LINCOLNSHIRE, Ill., Jan. 4, 2023 /PRNewswire/ -- January is synonymous with new beginnings and healthy resolutions. In support of a healthy mindset, there is a growing movement to adopt a vegan lifestyle during the month of January. To gain more insights about this initiative and Americans' attitudes toward veganism and vegan-focused products, Wakefield Research surveyed 1,000 nationally representative U.S. adults for Saputo Dairy USA's Vitalite dairy-free cheese brand.

Key Points: 
  • Whether for personal health or planetary health reasons, many Americans are intent on eating more plant-based foods, but still struggle to commit to the lifestyle.
  • Survey data shows 68% of Americans have tried a plant-based meat or a dairy alternative.
  • Additional contributing factors are not being convinced of the health benefits (23%) and not supporting veganism (16%) are also contributing factors.
  • Only 27% of Americans would add plant-based cheese to their diet if their doctor told them to eliminate dairy cheese.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Saputo, Inc. (TSX: SAP)

Retrieved on: 
Tuesday, November 29, 2022
Supermarket, Retail, Other Manufacturing, Manufacturing, Saputo Inc., Risk, Bank, EBIT, Humboldt Hill, California, Fund, SAP, Dividend, Record, DIO, OSHA, Ageing, Cheese, International, FDA, FY, Growth, EBITDA, Davidstow Creamery, Food, Financial Industry Regulatory Authority, Vitalite, Research, ERP, DRIP, Acquisition, Adjustment, Toronto Stock Exchange, TSX, Safety, Food and Drug Administration, St. Louis Fed Financial Stress Index, Saputo Dairy UK, Sale, Death, CRD, Grocery Outlet, Eye, Security (finance), Retail, Guardian, Saputo

However, Spruce Point believes there are multiple acquisitions across the globe where Saputo overpaid for companies that did not ultimately stimulate organic growth.

Key Points: 
  • However, Spruce Point believes there are multiple acquisitions across the globe where Saputo overpaid for companies that did not ultimately stimulate organic growth.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • Spruce Point Capital Management, LLC is a forensic fundamentally-oriented investment manager that focuses on short-selling, value and special situation investment opportunities.
  • Spruce Point Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 288248.

Finally, There's Vitalite™ Plant-Based Cheese

Retrieved on: 
Thursday, June 16, 2022
People, Name, Uniloc USA, Inc. v. Microsoft Corp., The Good Food Institute, Vitalite, Saputo Inc., Cheese, Diet, Lactose intolerance, Saputo Dairy UK, Instagram, Awareness, Dairy product, Saputo

LINCOLNSHIRE, Ill., June 16, 2022 /PRNewswire/ -- Often described in a negative way, plant-based cheese has received a bad reputation. Finally, there's an offering to change that narrative. Rolling out at retailers nationwide this year, Vitalite™ is a new brand of plant-based, vegan-certified, dairy-free cheese from Saputo Dairy USA that offers great taste, texture, visual appeal and melting performance.

Key Points: 
  • "The idea for Vitalite came out of trying to solve that.
  • According to a 2022 Food Institute report, the global vegan cheese market is expected to grow at a compound annual rate of about 10% and reach a market value of about $7 billion by 2030.
  • Saputo Dairy USA is among the top mozzarella, string cheese and domestic blue and goat cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products in this region.
  • Vitalite is the trademark of Dairy Crest Limited (trading as Saputo Dairy UK).

Teamsters Local 264 Ratifies Contract At Friendship Dairy

Retrieved on: 
Monday, November 15, 2021
Saputo Dairy UK, Ownership, International Brotherhood of Teamsters, Memory, Teamsters Local 1932, Strike, Life, Public sector, Business agent, Health insurance

FRIENDSHIP, N.Y., Nov. 15, 2021 /PRNewswire/ --Members of Teamsters Local 264 employed at Friendship Dairy, a subsidiary of Saputo Dairy, have voted by over a two-to-one margin to ratify their most recent collective bargaining agreement with the company.

Key Points: 
  • FRIENDSHIP, N.Y., Nov. 15, 2021 /PRNewswire/ --Members of Teamsters Local 264 employed at Friendship Dairy, a subsidiary of Saputo Dairy, have voted by over a two-to-one margin to ratify their most recent collective bargaining agreement with the company.
  • The three-year contract comes after the workers went on strike for ten days.
  • "It was a privilege to stand in solidarity with the members at Friendship Dairy," said Darrin Ziemba, Teamsters Local 264 Recording Secretary and Business Agent.
  • Teamsters Local 264 represents over 4,000 workers in the private and public sector throughout upstate New York.

Teamsters Local 264 Calls Out Dairy Lies

Retrieved on: 
Thursday, November 4, 2021
Saputo Dairy UK, International Brotherhood of Teamsters, Local, Public sector, Behavior

FRIENDSHIP, N.Y., Nov. 4, 2021 /PRNewswire/ -- Teamsters Local 264 is calling out Saputo Dairy, parent company of Friendship Dairy, for false statements it made to the public yesterday regarding bargaining.

Key Points: 
  • FRIENDSHIP, N.Y., Nov. 4, 2021 /PRNewswire/ -- Teamsters Local 264 is calling out Saputo Dairy, parent company of Friendship Dairy, for false statements it made to the public yesterday regarding bargaining.
  • "The fact of the matter is that we still have not received dates from the company as to when they want to return to negotiations," said Darrin Ziemba, Local 264 Recording Secretary.
  • The bottom line is that if the company is committed to continuing negotiations in good faith, we need to see a change in behavior."
  • Teamsters Local 264 represents over 4,000 workers in the private and public sector throughout upstate New York.

Teamsters Go On Strike At Friendship Dairy

Retrieved on: 
Wednesday, November 3, 2021
International Brotherhood of Teamsters, Face, Saputo Dairy UK, Public sector, Strike, Freeman, Business agent, Local

FRIENDSHIP, N.Y., Nov. 3, 2021 /PRNewswire/ --Members of Teamsters Local 264 hit the picket line today after voting unanimously to go on strike at Friendship Dairy.

Key Points: 
  • FRIENDSHIP, N.Y., Nov. 3, 2021 /PRNewswire/ --Members of Teamsters Local 264 hit the picket line today after voting unanimously to go on strike at Friendship Dairy.
  • "Friendship Dairy wants to increase health care costs to the point where our members will effectively be taking a pay cut," said Darrin Ziemba, Local 264 Recording Secretary and Business Agent.
  • "Friendship Dairy's parent company, Saputo Dairy, generated $11.5 billion in revenue last year.
  • Teamsters Local 264 represents over 4,000 workers in the private and public sector throughout upstate New York.

Teamsters Go On Strike At Friendship Dairy

Retrieved on: 
Wednesday, November 3, 2021
International Brotherhood of Teamsters, Saputo Dairy UK, Strike, Business agent, Local, Animal, Tutoring, Health insurance

FRIENDSHIP, N.Y., Nov. 2, 2021 /PRNewswire/ -- On Wednesday, November 3 at 12:00 PM EDT, members of Teamsters Local 264 will be hitting the picket line after they voted unanimously to go on strike at Friendship Dairy.

Key Points: 
  • FRIENDSHIP, N.Y., Nov. 2, 2021 /PRNewswire/ -- On Wednesday, November 3 at 12:00 PM EDT, members of Teamsters Local 264 will be hitting the picket line after they voted unanimously to go on strike at Friendship Dairy.
  • The members, who have been working throughout the pandemic, are protesting the company's attempt to gut their health care and seniority benefits only weeks before Thanksgiving.
  • "Now they want to increase health care costs to the point where our members will effectively be taking a pay cut.
  • Friendship Dairy's parent company, Saputo Dairy, generated $11.5 billion in revenue last year.

Global Prebiotic Ingredients Market Report 2021: Consumers' Desire for Low Sugar and High Fiber Products Fuels Prebiotic Ingredients' Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 9, 2021
Health, Pharmaceutical

The study focuses on prebiotic ingredients used across end applications such as functional food and beverages, dietary supplements, and infant formula.

Key Points: 
  • The study focuses on prebiotic ingredients used across end applications such as functional food and beverages, dietary supplements, and infant formula.
  • In terms of the competitive landscape, market participants' approximate share by revenue and volume and their activities are covered in the study.
  • The global prebiotic ingredients market is highly competitive, with participants excelling in their own product segments through organic and inorganic growth.
  • Increasing health consciousness about fiber intake and sugar-reducing solutions among the global population has forced prebiotic ingredient manufacturers to develop novel prebiotic sources.

Saputo to Expand Its Branded Position in the UK and Abroad by Acquiring the Activities of Wensleydale Dairy Products

Retrieved on: 
Monday, July 5, 2021
Food and drink, S&P/TSX 60, Saputo Inc., Yorkshire cuisine, Dairy products, Cheeses, Saputo, Wensleydale cheese, Cheesemakers, Saputo Dairy UK

MONTRAL, July 05, 2021 (GLOBE NEWSWIRE) -- Saputo Inc. (we, Saputo or the Company) (TSX: SAP) announces today that it has entered into an agreement to acquire the activities of Wensleydale Dairy Products Limited (Wensleydale Dairy Products).

Key Points: 
  • MONTRAL, July 05, 2021 (GLOBE NEWSWIRE) -- Saputo Inc. (we, Saputo or the Company) (TSX: SAP) announces today that it has entered into an agreement to acquire the activities of Wensleydale Dairy Products Limited (Wensleydale Dairy Products).
  • With this strategic acquisition, Saputo is pleased to add another leading and prominent UK cheese brand to its portfolio.
  • Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients.
  • In the United Kingdom, Saputo is the largest manufacturer of branded cheese and a top manufacturer of dairy spreads.

Saputo Announces Two Strategic Acquisitions in the Dairy Alternatives and Value-Added Ingredients Segments

Retrieved on: 
Tuesday, May 25, 2021
Food and drink, S&P/TSX 60, Saputo Inc., Saputo, Milk substitute, Saputo Dairy UK

MONTRAL, May 25, 2021 (GLOBE NEWSWIRE) -- Saputo Inc. (Saputo or the Company) (TSX: SAP) announces today two strategic acquisitions in each of the dairy alternatives and value-added ingredients segments, representing a combined investment of approximately CDN$187 million.

Key Points: 
  • MONTRAL, May 25, 2021 (GLOBE NEWSWIRE) -- Saputo Inc. (Saputo or the Company) (TSX: SAP) announces today two strategic acquisitions in each of the dairy alternatives and value-added ingredients segments, representing a combined investment of approximately CDN$187 million.
  • Our commitment remains to expand our footprint in the dairy alternatives space to meet the changing demands of our customers and consumers.
  • Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients.
  • In the United Kingdom, Saputo is the largest manufacturer of branded cheese and a top manufacturer of dairy spreads.