Saputo, Canada’s largest dairy processing company, is buying one of Canada’s smallest cheese makers – Shepherd Gourmet Dairy Inc. of St. Marys.
Shepherd Gourmet is famous for feta cheese and Skyr Icelandic-style yogourt.
Saputo is paying $100 million for the company that was founded by Stewart Cardiff and now employs about 90 people.
Shepherd Gourmet had sales last year of about $57 million.
Cardiff left agriculture banking to launch the company in Tavistock, recognizing the demand for imported feta and some other cheeses and yogourt that he felt he could produce.
