Corporate History
A journey of steady, thoughtful advancement
The origins of Jolina Capital trace back to the Saputo family's arrival in Montréal, the creation of a small cheese-making operation, and the expansion of that business into a global leader. As the enterprise matured, the need for a structured investment and governance framework became clear. Jolina Capital was created to preserve long-term value and steward the family's strategic holdings.
The evolution of Jolina Capital reflects a broader story of Canadian industry—one built on the determination of families, the discipline of manufacturing, and the courage to innovate responsibly. Our history is marked by careful expansion, structured governance, and respect for the legacy that brought us here.
Throughout the decades, economic cycles changed, technologies evolved, and global markets shifted. What remained constant was our commitment to discipline, integrity, and community. These values guided the growth of Saputo, the expansion of Arbec, and the creation of Jolina Capital as a multi-sector holding company.
Corporate Timeline
Foundational Years
A family builds a small food business rooted in skill, trust, and community. The origins date back to when the Saputo family began producing cheese in Montréal. Their dedication to quality and craftsmanship quickly earned them a loyal customer base.
National Expansion
Production capacity expands, supply chains strengthen, and leadership adapts to new opportunities. Saputo transformed from a regional producer into a national dairy leader. Investments in equipment, distribution, and product development supported this growth.
International Breakthrough
Global markets open, acquisitions integrate, and operations become increasingly sophisticated. By the 1990s, Saputo had become a dominant force in Canadian dairy, opening the door for international expansion. Jolina Capital was established to oversee governance, strategy, and long-term capital allocation.
Global Expansion
Saputo's international expansion into the United States, South America, and beyond. Jolina Capital formalized its governance structures and became an anchor of family stewardship.
Diversified Holdings
Forestry and industrial investments strengthen the portfolio, adding essential resilience. Expansion into forestry through the acquisition of Arbec Forest Products marked Jolina Capital's entrance into natural resource industries.
Strategic Acquisition
The acquisition of Tembec's OSB operations significantly expanded Arbec's footprint, strengthening our position in the North American construction supply chain.
Governance Maturity
Formal oversight structures, risk systems, succession plans, and sustainability frameworks become central pillars. Jolina Capital continued to diversify through strategic positions in essential industries such as transportation and logistics.
Future Readiness
Jolina Capital continues to evolve—strengthening industries, advancing sustainability, and preparing the next generation. Today, Jolina Capital stands as a mature, multi-sector holding company with influence across Canadian and global industries.
"Our history is not merely about what we built—it is about how we built it: through responsible leadership, long-term vision, and a deep respect for people and community."
We remain anchored in Québec, committed to building value for future generations.
A Family Tradition of Giving Back
At Jolina Capital, we believe that true success includes the responsibility to uplift others. The Amelia & Lino Saputo Foundation is the heart of that belief — a place where compassion meets action, and where community support becomes a shared purpose.
Founded by Amelia and Lino Saputo, the Foundation was created to help young people, families, and communities build brighter futures. Its mission is simple but powerful: support organizations that educate, empower, heal, and inspire.
Areas of Focus
The Foundation lives within Jolina Capital because our belief is clear: strong enterprises and strong communities grow together. When we support people, we support the future.