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Overview
Saputo is a Canadian-based dairy company with operations in Canada, the United States, Argentina, Australia, and the United Kingdom. The company produces, markets, and distributes a wide range of dairy products, including cheeses, fluid milk, cream, yogurt, butter, and dairy ingredients. Saputo was founded in 1954 by an Italian immigrant named Giuseppe Saputo, who started by delivering milk and making cheese in his family's basement. Today, the company has become one of the world's top 10 dairy processors, with over 12,500 employees and annual revenues of over $14 billion. The company's products are sold under various brands such as Saputo, Armstrong, Dairyland, Frigo Cheese Heads, Stella, Friendship Dairies, and Morningstar Foods. Saputo also has a strong presence in the foodservice industry, supplying its products to restaurants, hotels, and other food businesses. In addition to its dairy operations, Saputo has also expanded into other food sectors, including the acquisition of snack company Garden Fresh Gourmet in 2015 and the launch of a plant-based dairy alternative line in 2019. Saputo is committed to sustainability and has implemented numerous initiatives to reduce its environmental impact, such as investing in renewable energy sources, reducing water usage, and implementing waste reduction practices. The company is publicly traded on the Toronto Stock Exchange and is also listed on the New York Stock Exchange. Its headquarters are located in Montreal, Quebec, Canada.
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