Gay Lea Foods acquir Thornloe Chee

Contents:

• GAY LEA FOODS LNCH IVANHOE NOTHG BUT 100% REAL CHEE SNACK
• GAY LEA FOODS ACQUIR THE ALBERTA CHEE COMPANY
• GAY LEA FOODS CEO BUTTERS UP THORNLOE CHEE
• GAY LEA FOODS ACQUIR CALGARY CHEEMAKER
• GAY LEA BUYS NORTHERN ONTAR CHEEMAKER
• GAY LEA FOODS NTU TO GROW
• GAY LEA FOODS ACQUIR THORNLOE CHEE
• GAY LEA BUYS ONTAR ARTISANAL CHEEMAKER
• DAIRY -OP GAY LEA BUYS CALGARY CHEEMAKER
• GAY LEA FOODS ACQUIR THORNLOE CHEE
• GAY LEA FOODS CEO BUTTERS UP THORNLOE CHEE
• GAY LEA BUYS NORTHERN ONTAR CHEEMAKER

GAY LEA FOODS LNCH IVANHOE NOTHG BUT 100% REAL CHEE SNACK

Gay Lea Foods is a leadg Canadian -operative renowned for our muny-foced valu and high qualy, novative, and award-wng dairy and food products. 15th, 2021 – Gay Lea Foods Co-operative Limed (“Gay Lea Foods”), a dairy -operative owned by over 1, 400 Canadian dairy. Product Manager, Gay Lea Foods.

Through rearch, the team at Gay Lea Foods tablished.

GAY LEA FOODS ACQUIR THE ALBERTA CHEE COMPANY

ABOUT GAY LEA FOODS CO-OPERATIVE LTD. Gay Lea Foods is a leadg Canadian food -operative.

that Gay Lea Foods is well posned to lead as a thrivg and novative. Gay Lea Foundatn announc 13 new charable grants. The Gay Lea Foundatn is pleased to announce 13 new charable grants supportg tn, poverty relief, and/or muny well-beg projects Canada, Ai, and South Ameri.

GAY LEA FOODS CEO BUTTERS UP THORNLOE CHEE

Mississga, Ontar – (October 16, 2017) Gay Lea Foods Co-operative Limed (“Gay Lea Foods”) is pleased to announce has entered to an agreement to acquire the shar of Alberta Chee Company Ltd. The purchase expands upon Gay Lea Foods’ renowned selectn of Ontar-produced che unr the Salerno, Ivanhoe and Black River brands, and supports the -operative’s plan to grow s prence the Canadian dairy dtry while providg exceptnal service to s retail and foodservice ctomers.

The succsful tegratn of Alberta Chee to Gay Lea Foods will add the Fran’s and Sorrento brand che to Gay Lea Foods’ much revered selectn of high qualy and specialty che produced Ontar. The move will also further crease the productn pacy of the -operative, and expand relatnships for Gay Lea Foods wh Alberta foodservice provirs, retailers and chee-lovers alike.

Gay Lea Foods tends to mata full operatns at the Alberta Chee plant and prerve all relatnships wh existg Alberta Chee ctomers, suppliers and employe. Headquartered Mississga, Ontar, Gay Lea Foods is the largt dairy -operative Ontar, wh members on more than 1, 300 dairy farms, more than 4, 000 members total, and more than 950 employe. Gay Lea Foods is a renowned and growg prence the Canadian chee dtry, leveragg the expertise and ditn of our cheemakers to produce qualy, award-wng and specialty che unr the Salerno, Ivanhoe and Black River brands.

GAY LEA FOODS ACQUIR CALGARY CHEEMAKER

Gay Lea Foods has grown steadily recent years and ma a number of acquisns, cludg Stirlg Creamery (2016), Black River Chee (2016), Hewt’s Dairy (2014), Salerno (2014) and Ivanhoe Chee (2008). In November 2016, Gay Lea Foods announced an vtment of $140 ln to tablish an novative nutrn and nutractil-gra dairy gredients hub Canada.

“Gay Lea Foods is pleased to wele Alberta Chee to our -operative and honoured to ntue the herage built by the Talari fay over the past 40 years.

GAY LEA BUYS NORTHERN ONTAR CHEEMAKER

We look forward to many new relatnships and opportuni as Gay Lea Foods expands to Wtern Canada and ntu to build momentum the Canadian dairy dtry. – Steve Dolson, Chair, Gay Lea Foods. My fay leveraged our herage, passn and expertise to lnch Alberta Chee, and we are immensely proud to see bee part of a succsful and growg -operative like Gay Lea Foods.

“Much like Gay Lea Foods, Alberta Chee is known for providg exceptnal products wh exceptnal service. – Michael Barrett, Print and CEO, Gay Lea Foods. ABOUT GAY LEA FOODS.

GAY LEA FOODS NTU TO GROW

Gay Lea Foods Co-operative Limed is a lear the Canadian dairy dtry and the largt dairy -operative Ontar. Wh members on more than 1, 300 dairy farms and more than 4, 000 members overall, Gay Lea Foods is as renowned for s -operative-spired valu as is for s qualy products: om the moment our k is “born on the farm”, until our products reach the table, our farmers, members and employe llaborate to meet member needs, ntribute to the staable velopment of muni, and ensure that Gay Lea Foods is well posned to lead as an novative and growg Canadian foods bs.

GAY LEA FOODS ACQUIR THORNLOE CHEE

Gay Lea Foods Webse.

GAY LEA BUYS ONTAR ARTISANAL CHEEMAKER

Follow Gay Lea Foods (@gayleafoodsop) on Twter.

DAIRY -OP GAY LEA BUYS CALGARY CHEEMAKER

Gay Lea Foods Co-operative Limed.

Michael Barrett, CEO of Gay Lea Foods, said their immediate plans are to ease to the environment as the Mississga-based, farmer-owned operative mak s first formal entry to Northern Ontar. Gay Lea acquired the award-wng 30-employee Temiskamg cheemaker om Genr last December.

Barrett acknowledged Gay Lea had been eyeballg Thornloe for que some time.

GAY LEA FOODS ACQUIR THORNLOE CHEE

As evinced by Gay Lea’s other acquisns, Barrett said his ownership group has an obv bias toward farmer-owned anizatns. Gay Lea Foods has members on more than 1, 400 dairy farms Ontar and Manoba, more than 4, 320 producer and vtor shareholrs.

Barrett said Gay Lea’s tentns aren’t to sop up the bs and relote south but enhance what has been pastakgly built up over the years, ctomer by ctomer. The Gay Lea bs philosophy is foced on makg vtments small muni that support tablishg a strong ral enomic base. That kd of regnn wasn’t lost on Gay Lea.

GAY LEA FOODS CEO BUTTERS UP THORNLOE CHEE

What Gay Lea brgs to the table, he explaed, is an abily to fund novatn, and brg wir market ntacts and a broar ctomer reach, which should give Thornloe greater exposure southern Ontar.

GAY LEA BUYS NORTHERN ONTAR CHEEMAKER

At the same time, Thornloe provis an entry pot for Gay Lea products to enter the North. Barrett fds there are “a lot of synergi to be had” the product mix Gay Lea mak – ttage chee and sour cream – that are not petive wh Thornloe.

Most of the farmers that participate Thornloe’s grass-fed products are also Gay Lea members. – Gay Lea Foods Co-operative Limed is growg s prence Wtern Canada.