Saputo, a dairy company that produces, markets, and distributes a wide array of dairy products, completed the acquisition of Carolina Aseptic, an aseptic shelf-stable food products and beverages producer, and Carolina Dairy, a refrigerated yogurt producer, from AmeriQual, a company that provides innovative solutions to major branded food companies, food service providers, retailers and US Department of Defense, for $118m. "Complementing the organic growth initiatives outlined in our Global Strategic Plan (FY22-FY25), this investment aims to reinforce the strength of Saputo’s core business by increasing our capacity to manufacture and distribute products in the rapidly growing aseptic beverage and food categories, as well as the nutritional snacks space," Lino A. Saputo, Saputo CEO and Chair of the Board.