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  "documentTitle": "Saputo Inc. (TSX:SAP)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2022-11-29 00:00:00",
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      "text": "Spruce Point finds evidence of consolidation in the U.S. string cheese market.",
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      "text": "Spruce Point finds evidence of consolidation in the U.S. string cheese market. Sargento, listed right behind Frigo in terms of sales in the U.S., recently acquired privately owned Baker Foods, which makes branded and private label string cheese. Combined, we estimate their sales are approximately $108 million.",
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      "text": "PLYMOUTH, Wis. – May 3, 2022 – Sargento Foods today announced that it has signed a definitive agreement to acquire Wisconsin-based Baker Cheese Factory, Inc.",
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      "text": "Founded in 1916, Baker Cheese is known for its high-quality mozzarella string cheese, which is sold in all 50 states. Its cheese production has grown aggressively the past 20 years and Baker Cheese is one of the top string cheese companies in the U.S. — Sargento Press Release",
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