Saputo Inc. (SAP.TO) said that it has acquired the activities of Dansco Dairy Products ltd. for C$12 million in cash, on a debt-free basis. Dansco employs about 130 people at its manufacturing facility located in Newcastle Emlyn, Wales. Dansco's revenues in its last fiscal year were about C$80 million. The company noted that this acquisition complements Saputo's current activities in the European market and is in line with its objective of growing its global presence.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.