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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