Click here now for your free subscription to Take Stock, The Motley Fool Canada’s free investing newsletter. Raymond James Financial Services Advisors Inc. now owns 204,322 shares of the company’s stock worth $48,914,000 after purchasing an additional 25,529 shares during the period. Enbridge. Our information suggests that Saputo Inc insiders own under 1% of the company. It has been trying to sell the cookie, bread and dry soup lines for some time, so it can concentrate on the snack foods. Founded as a cheese making company in 1954 by Italian immigrant Giuseppe Saputo, today Saputo's business includes dairy products, and it is the tenth largest dairy processors in the world. [3] After growing in its home region of Quebec, the company has expanded by mergers and acquisitions. A Saputo plant in Montreal. It may be required by the ACCC to dispose of MG’s Koroit dairy factory if the deal is approved. Saputo Inc. Food Production Montreal, Quebec 74,205 followers Un gage de qualité ancré dans la tradition. The Enbridge investment case is as simple as it is powerful. Saputo may refer to: Guillermo Saputo (born 1977), Argentine boxer; Joey Saputo (born 1964), Canadian businessman and son of: Lino Saputo (born 1937), Italian-born Canadian businessman; See also. Montreal-based Saputo continues its 2018 purchasing spree with its latest acquisition of Wisconsin-based F&A Dairy. Here’s the case for including Enbridge Inc. and Saputo Inc. in your TFSA millionaire fund . As it is a large company, we’d only expect insiders to own a small percentage of it. In those early years, young Lino Saputo delivered our handmade cheeses on a bicycle. The Motley Fool owns shares of and recommends ALIMENTATION COUCHE-TARD INC. Saputo Inc. is a Montreal-based Canadian dairy company founded in 1954 by the Saputo family.Saputo produces, markets, and distributes a wide array of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. The Motley Fool recommends SAPUTO INC. Stock analysis for Saputo Inc (SAP:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. A look at the shareholders of Saputo Inc. can tell us which group is most powerful. Lino Saputo Sr. had at least one of those as he built Saputo Inc. into a $4-billion milk and mozzarella mammoth and North America's fourth-biggest dairy products empire. Saputo bought Warrnambool Cheese and Butter in January 2014. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. In 1985 Saputo began working for the family business, Saputo Inc., a dairy processing company founded by his father Lino Saputo in 1954. TSX: ATD.A, ATD.B S&P/TSX 60 component: Industry: Retail (Convenience stores) Founded: 1980; 41 years ago () Founder: Alain Bouchard Jacques D'Amours Richard Fortin Réal Plourde: Headquarters: Laval, Quebec, Canada: Key people. We still work to uphold the Italian tradition of cheesemaking for modern life. Picture: AP. Saputo is also considered a potential bidder for Kraft Heinz’s sour cream and cottage cheese brand Breakstone's, ... Dean Foods, which owns DairyPure and … Emanuele "Lino" Saputo, CM OQ (Italian: [emanuˈɛːle liːno saˈpuːto]; born June 10, 1937) is an Italian-Canadian billionaire businessman. Lino Saputo is President/Controller at Jolina Capital Inc. See Lino Saputo's compensation, career history, education, & memberships. We do what’s right. The Motley Fool owns shares of and recommends ALIMENTATION COUCHE-TARD INC. We'd expect to see institutional investors on … Major companies in the stones market include Vulcan Materials Company; Martin Marietta Aggregates Inc; Cemex SAB de CV; Carmeuse Lime & Stone Inc and Adelaide Brighton Ltd.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, … Dairy Crest itself was created in 1981, as a spin off of the Milk Marketing Board. The big shareholder groups in Saputo Inc have power over the company. Alimentation Couche-Tard Inc. Saputo Inc. manufactures dairy and grocery products. Saputo's principal shareholder, Jolina Capital Inc., a holding company controlled by Emanuele (Lino) Saputo, has indicated to the Company its intention to enroll approximately 30% of the common shares it beneficially owns or controls, directly or indirectly, in the DRIP. Over the last three years, Saputo Inc. has shrunk its earnings per share by 13% per year. Saputo bought Warrnambool Cheese and Butter in January 2014. But it’s worth noting that they own CA$17.1m worth of shares. Saputo has a market capitalization of CA$15.4b, so it's too big to fly under the radar. / A pledge of quality rooted in tradition. Institutions often own shares in more established companies, while it’s not unusual to see insiders own a fair bit of smaller companies. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Saputo Dairy UK Limited is a holding company for Dairy Crest Limited; a leading British dairy products company. The company already owns Warrnambool Cheese and Butter. Saputo … Canadian cheese and dairy giant Saputo Inc. is hoping to use its international operations to milk the Mexican market in the wake of impending tariffs. Saputo has a market capitalization of CA$17b, so it's too big to fly under the radar. Lino A Saputo is the CEO of Saputo Inc. Saputo Inc is a Canadian dairy company that owns Coon Cheese. While we don’t deliver cheese by bicycle anymore, the same artisan spirit carries on to this very day. Companies that have been privatized tend to have low insider ownership. In 1990, he was promoted to president and chief operating officer of the Dairy Products Division for the United States. Packed with stock ideas and investing advice, it is essential reading for anyone looking to … With a market capitalization of CA$14b, Saputo is rather large. The company already owns Warrnambool Cheese and Butter. Companies that have been privatized tend to have low insider ownership. Not what’s easy. He is the founder of the Canadian cheese manufacturer Saputo Inc. Saputo Inc. A Saputo plant in Montreal. Every investor in Saputo Inc. should be aware of the most powerful shareholder groups. Add alert for SAPIF Ticker: SAPIF; CUSIP Number: 802912105; Top investors of Saputo stock. Who owns Saputo Inc? Type: Public: Traded as. The Motley Fool’s purpose is to help the world invest, better. The trailing twelve months of revenue was pretty much the same as the prior period. According to Forbes, he is the 8th richest person in Canada and the 339th richest person in the world, with an estimated net worth of US$5.2 billion as of February 2020. The Company manufactures Italian cheeses, European cheeses, and North American cheeses. Saputo to buy 50-per-cent stake in Sun Life building: reports . The decline in EPS is a bit concerning. Lino Saputo Jr., president and chief executive officer of cheese manufacturing company Saputo Inc., speaks during the company's annual general meeting in Laval, Quebec August 3, 2010. In 1954 the Saputo family brought the secrets of Italian cheese-making to Canada. Saputo Inc. (TSX: SAP) is a Montreal-based Canadian dairy company. Saputo, Inc. is a producer, marketer and distributor of a wide array of products including cheese, fluid milk, yogurt, dairy ingredients and snack-cakes. The brand was named after its American creator, known as Edward William Coon. Companies that have been privatized tend to have low insider ownership. Saputo Inc. announced Friday that it will acquire F&A Dairy Products Inc. for $85m, including two manufacturing facilities and approximately 170 employees. Companies that used to be publicly owned tend to have lower insider ownership. Every investor in Saputo Inc. should be aware of the most powerful shareholder groups. Independent Advisor Alliance purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth about $219,000. Saputo bought these lines from Culinar Inc. in 1999 for $283-million. Who bought or sold Saputo Inc this quarter? It was created in May 2019, when the Canadian company Saputo Inc bought out Dairy Crest. It is one of the top ten dairy processors in the world. And the flat revenue is seriously uninspiring. Picture: AP. Saputo Inc.'s Growth . Saputo has a market capitalization of CA$14b, so it’s too big to fly under the radar. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. The man-made product with a unique process, known as the Cooning process, includes fast maturation of cheese at high humidity and temperature. The Motley Fool recommends SAPUTO INC. Two New Stock Picks Every Month!