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SAP Saputo Inc

26.81
0.20 (0.75%)
Last Updated: 14:45:11
Delayed by 15 minutes
Share Name Share Symbol Market Type
Saputo Inc TSX:SAP Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.75% 26.81 26.81 26.84 26.88 26.56 26.69 169,878 14:45:11

Saputo Moves Forward With Satisfactory Independent Veterinarian Reports and BC Dairy Industry Rallies to Discuss Future Anima...

20/06/2014 11:18pm

Marketwired Canada


Since news broke last week of horrific animal abuse at a British Columbia (BC)
dairy farm, Saputo Inc. (TSX:SAP) ("Saputo" or the "Company") has been strongly
advocating for the implementation of strict animal welfare standards into BC
law.


Saputo led the initiative for BC industry stakeholders to come together to
review enforceable animal welfare standards on dairy farms in British Columbia.
The Company received confirmation that the BC Ministry of Agriculture, the Farm
Industry Review Board, the BC Milk Marketing Board (BCMMB), the BC Dairy
Association, the BC Dairy Council and the BC Society for the Prevention of
Cruelty to Animals (SPCA) will meet next week to start the process relating to
the implementation of strict enforceable animal welfare standards.


Saputo has stressed the need for significant changes to BC law relating to
enforceable animal welfare standards and was adamant that, during the interim,
sufficiently adequate animal welfare practices be implemented immediately at the
BC farm in question before the Company would consider receiving milk sourced at
this farm from the BCMMB. Saputo has now reviewed satisfactory independent
veterinarian reports confirming the farm has implemented these practices.
Following these developments, Saputo will resume - along with all BC processors
- accepting milk from the BCMMB originating from this farm. 


Saputo is pleased the entire dairy industry has rallied together and that all of
its stakeholders have a strong interest in ensuring these standards are
implemented as soon as reasonably possible. 


About Saputo 

Saputo produces, markets, and distributes a wide array of dairy products of the
utmost quality, including cheese, fluid milk, extended shelf-life milk and cream
products, cultured products and dairy ingredients. We are one of the top ten
dairy processors in the world, the largest in Canada, the third in Argentina and
the fourth in Australia. In the US, the Company ranks among the top three cheese
producers and is one of the largest producers of extended shelf-life and
cultured dairy products. Our products are sold in more than 40 countries under
well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, Baxter,
Dairyland, Dragone, DuVillage 1860, Friendship, Frigo Cheese Heads, Great
Midwest, King's Choice, Kingsey, La Paulina, Milk2Go, Neilson, Nutrilait,
Ricrem, Salemville, Scotsburn, Stella, Sungold and Treasure Cave. Saputo Inc. is
a publicly traded company whose shares are listed on the Toronto Stock Exchange
under the symbol "SAP".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sandy Vassiadis
Director, Corporate Communications
514-328-3347

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