Gay Lea Co-operative buying Hewitt's Dairy; price not disclosed

MISSISSAUGA, Ont. – Gay Lea Foods Co-operative Ltd., Ontario’s leading dairy co-operative, says it has reached an agreement to buy Hewitt’s Dairy of Hagersville, Ont.

The purchase price for Hewitt’s was not disclosed.

The company employs 65 people and specializes in the processing of milk, cream, yogurt, ice cream and a complete line of goat milk products.

The deal is expected to close Nov. 1.

Gay Lea Foods is Ontario’s largest dairy co-operative with 1,200 members, 835 employees and annual sales of some $560 million under several brands including Gay Lea, Nordica, Ivanhoe and Salerno.