Agropur to purchase Sobeys dairy facilities

Agropur to purchase Sobeys dairy facilities

QUEBEC-based Agropur Cooperative announced last week that it has concluded a strategic partnership agreement with Sobeys that includes the purchase of Sobeys' dairy processing activities as well as long-term supply agreements with Sobeys, Safeway and ICA stores in western Canada.

The transaction is valued at $356 million and includes the acquisition of four plants: two in Edmonton, Alb.; one in Winnipeg, Man., and one in Burnaby, B.C.

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