LONGUEUIL, QC, Dec. 22 /CNW Telbec/ - Agropur's Board of Directors, Canada's largest dairy cooperative, is pleased to announce that it has acquired Main Street Ingredients, a leading provider of functional food products and technical expertise to the food industry, located in La Crosse, in the State of Wisconsin.
"This most recent acquisition represents a great fit with our current operations and will allow us to keep building a strong foundation for continued growth", reported Agropur's CEO, Pierre Claprood.
The operation will continue under the name Main Street Ingredients and will be overseen by the current president, Bill Schmitz, who will report to the Vice-president, Sales for Cheese and Functional Products Division, Sylvain Melançon. "Main Street Ingredients is in direct line with our strategic plan and will allow us to develop that specific niche", added Mr. Melançon.
About Main Street Ingredients
Recognized throughout the industry for their functional ingredients namely Keystone™ stabilizers, Cornerstone™ proteins, Gemstone bakery ingredients and Capstone™, Main Street Ingredients also provides unmatched distribution services for a wide variety of food ingredients. They also offer technical expertise and capabilities for contract manufacturing and private-label nutritional products. The organization employs 185 people.
Founded in 1938, Agropur cooperative is a Canadian dairy industry leader, with $ 3.4 billion in sales. It has 3,459 shareholders and, further to this latest acquisition, 5,626 employees distributed among its 27 plants and numerous distribution centres and offices across Canada, the U.S. and Argentina. It processes 3 billion litres of milk annually and offers an impressive array of products, including such popular brands as Schroeder, Québon, Oka, Sealtest, Natrel, Island Farms, Yoplait and La Lacteo.
For further information: For further information:
Mr. Jean Brodeur
Vice-President, Communications and Public Relations
(450) 646-1010, ext. 4560