Canada dairy Saputo sees range for acquisitions C$500 mln-C$1 bln

Thu Feb 5, 2015 3:13pm EST
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Feb 5 (Reuters) - Canadian dairy company Saputo 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)