“This is excellent news for both our organisations,” said Dairytown Products chairman Jim Walker. “Our respective vision and values gave us the opportunity to reach this agreement. This will allow the producers of both organisations to benefit from the advantages of being part of a large national cooperative, and to better serve customers across the country,”
“This agreement is consistent with our desire to keep dairy processing assets in the hands of producers wherever possible,” said Serge Riendeau, president of Agropur Cooperative. “It will also increase our critical mass in the region and help secure our long-term presence in Atlantic Canada,” he added.
Strategically located at the heart of New Brunswick’s dairy farming community and with close access to central Canada and northeast United States, Dairytown Products is a supplier of butter, skim milk powder and custom milk powder blends.
Founded in 1938, Agropur is an important player in the North American dairy industry. With sales of more than $3.8bn, the cooperative is a source of pride for its 3,348 dairy producer owners and 6,300 employees. Agropur processes more than 3.3 billion litres of milk per year in its 31 plants across North America and boasts a line of products that includes brands such as Natrel, Québon, OKA, iögo and Olympic (joint venture with Ultima Foods), Farmers, Agropur Signature cheese, Central Dairies, Agropur Grand Cheddar, Sealtest and Island Farms.
Source: Agropur
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