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George Weston Limited is a Canadian public company founded in 1882 and through its operating subsidiaries constitutes one of North America’s largest food processing and distribution groups. Weston has two reportable operating segments: Weston Foods and Loblaw Companies Limited (“Loblaw”). Weston Foods is primarily engaged in the baking and dairy industries within North America. Loblaw is Canada’s largest food distributor and a leading provider of general merchandise, drugstore and financial products and services. Weston seeks long term, stable growth in its operating segments through continuous capital investment supported by a strong balance sheet, thereby providing sustainable returns to its shareholders through a combination of common share price appreciation and dividends. In order to be successful in delivering long term value to shareholders and to fulfill its long term objectives of security and growth, Weston employs various operating strategies. Weston Foods concentrates on brand development, low operating costs and maintaining a broad customer base, with the objective of being the best provider of bakery solutions and fresh dairy products to its customers. Loblaw concentrates on food retailing, with the objective of providing Canadian consumers with the best in one-stop shopping for everyday household needs. Weston is committed to creating value for its shareholders and participating along with its more than 155,000 employees in supporting the communities in which it operates.
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The Hillshire Brands Company manufactures and markets meat-centric food solutions worldwide. It operates in two segments, Retail and Foodservice/Other. The company provides various packaged meat and frozen bakery products that include hot dogs and corn dogs, breakfast sausages, breakfast sandwiches and bowls, dinner sausages, premium deli and luncheon meats, and cooked hams, as well as frozen pies, cakes, pastries, muffins, cheesecakes, and other desserts; and pork, beef, and poultry products. The company sells its products under the brand names of Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee, and Chef Pierre, as well as artisanal brands that comprise Aidells and Gallo Salame. It serves supermarkets, warehouse clubs, national chains, distributors, restaurants, hospitals, and other institutions through direct sales force and brokers. The company was formerly known as Sara Lee Corporation and changed its name to The Hillshire Brands Company in June 2012.