Woolwich Dairy Inc is, a manufacturer of branded and private label goat cheese in North America.
MONTREAL — Saputo Inc. has acquired Woolwich Dairy Inc., a manufacturer of branded and private label goat cheese in North America, for $80 million in cash.
With annual revenues of approximately $70 million, Orangeville, Ont.-based Woolwich produces, distributes, markets and sells goat cheese in the United States and Canada. Brands include Woolwich Dairy, Chevrai and Wholesome Goat. The business has manufacturing facilities in Quebec, Ontario and Wisconsin and employs approximately 190 people.
The deal expands Saputo’s presence in the specialty cheese category in North America. As one of the top 10 dairy processors in the world, Saputo produces, markets and distributes a wide range of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Brands include Saputo, Cracker Barrel, Milk2Go, Organic Creamery, Stella, Sungold and Treasure Cave.