Lactalis Canada Inc has reached an agreement with Agropur Cooperative to acquire assets of its fine cheese division including renowned Quebec-made brands OKA, Monsieur Gustav and L’Extra, two production facilities as well as its fine cheese import activities. The acquisition is subject to customary closing conditions and approval by Competition Bureau Canada. Financial terms of the agreement were not disclosed.

These artisanal cheeses enhance Lactalis Canada’s portfolio of specialty and core cheese brands – including Galbani, Président, Cracker Barrel, Black Diamond, P’tit Québec, Balderson, Cheestrings Ficello and aMOOza! – further reinforcing the company’s strength and breadth in the dairy case to meet consumer demand for high-quality cheese.

Through this transaction, Lactalis Canada will acquire two production facilities in Oka and Saint-Hyacinthe, Quebec and add approximately 400 employees to its 4,500 team across Canada.