Lactalis Canada Inc. closed the acquisition of all shares of Agropur Cooperative’s Canadian yogourt business Ultima Foods Inc.
This acquisition includes the IÖGO brand, Olympic yogourt, sour cream and kefir brand. They have also acquired the production facilities of Ultima Foods.
“Lactalis Canada’s investment in Ultima Foods and its yogourt brands speaks to the significant opportunity we see in growing the yogourt category in Canada,” says Mark Taylor, president and CEO of Lactalis Canada.
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