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Yoplait takes Liberté

This article was originally published in Foodnews

FRENCH-based yogurt manufacturer, Yoplait, has announced the purchase of Liberté – the fourth largest producer in the Canadian yogurt market. The deal, for an unspecified sum, has gone through even as Yoplait itself prepares for a change of ownership. Liberté has been owned for the last six years by Toronto-based management company Pineridge Group. The company is based in Montreal, with plants in Brossard, Quebec, and Toronto. The company posted revenue of CAD175 million (USD174 million) in 2009, selling mostly within Canada but also exporting to the US.

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