Lactalis Acquires Saputo’s UK Dairy Business for $1.34B

France’s dairy giant Lactalis has agreed to acquire Saputo’s British dairy business for £988 million ($1.34 billion), marking another major consolidation move in the global dairy industry. The transaction strengthens Lactalis’ position in the UK market and adds to its broader international expansion strategy. The deal, announced on 14 August 2026, involves Canadian dairy company…