Saputo Acquires Two North Carolina Dairy Businesses
Sept. 3, 2021
Carolina Aseptic and Carolina Dairy bought from AmeriQual Group Holdings.
Saputo Inc. on Sept. 1 completed the acquisition of the Carolina Aseptic and Carolina Dairy businesses formerly operated by AmeriQual Group Holdings LLC, including two buildings in North Carolina.
The Canadian dairy company paid US$118 million in cash. They will join Saputo’s USA Dairy Division. The North Carolina businesses employed approximately 230 people.
Carolina Aseptic develops, manufactures, packages and distributes aseptic shelf-stable food products and beverages out of a purpose-built facility in Troy, N.C. Nearby, Carolina Dairy manufactures, packages and distributes refrigerated yogurt in spouted pouches in Biscoe, N.C.
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