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GAY LEA FOODS ACQUIR THE ALBERTA CHEE COMPANY

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Gay Lea Foods may be a lear the Canadian dairy dtry, renowned for our high qualy products and ditn to novatn, but our seeds were sown – and our roots rema – on the farm. Together wh our vtor members – retired dairy producers, those wh lks to the Canadian dairy dtry and Gay Lea Foods employe – we are a leadg Canadian -operative, wh roughly 4, 000 producers and preferred shareholrs.

GAY LEA FOODS ANNOUNC RERD VTMENT

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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.

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.

RETIRG CEO SE BRIGHT FUTURE FOR GAY LEA -OP

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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 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).

GAY LEA FOODS ANNOUNC ACQUISN OF THORNLOE CHEE

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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. 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.

GAY LEA FOODS BUYS BLACK RIVER CHEE

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.

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