Canada dairy Saputo sees range for acquisitions C$500 million-C$1 billion
(Reuters) - Canadian dairy company Saputo (SAP.TO: Quote) sees potential acquisitions in the cheese and dairy sector costing between C$500 million ($402.19 million) and C$1 billion, Chief Executive Lino Saputo Jr said on Thursday.
He said on a conference call with analysts that acquisitions are at the forefront of the Montréal-based company's growth strategy.
($1 = 1.2432 Canadian dollars)
(Reporting by Rod Nickel in Winnipeg, Manitoba, editing by G Crosse)
© Thomson Reuters 2017 All rights reserved.