Yes Primmer, you are right. Canadian Company Saputo currently owns Devondale Murray Goulburn. Sorry about that.
It was incorrectlynamed in the source information from the Motley Fool article in May 2020. Apparentlythe old Devondale Murray Goulburn is referred to as Dairy Division (Australia) by its owner.From the globenewswire site of 4thJune 2020 there’s a long article on Saputo’s (CAN 4th Qtr) (Mar 2020)report. The article goes on to say:
“In fiscal 2021, the Dairy Division (Australia)will continue the integration of the Specialty Cheese Business Acquisition. TheDivision expects competition in the sourcing of raw milk to persist and tocontinue to put pressure on margins. The Company aims to further captureopportunities derived from the combination of all its operating activitiesunder a single platform and to leverage the vast portfolio of Australian brandsinherited through the Specialty Cheese Business Acquisition…”
Yes Primmer, you are right. Canadian Company Saputo currently...
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