George Weston Limited (GWL) is engaged in food processing and distribution. The Company operates in two segments: Loblaw Companies Limited (Loblaw) and Weston Foods, and holds cash and short term investments. The Loblaw operating segment is a food distributor and a provider of drugstore, general merchandise and financial products and services. The Weston Foods operating segment is a fresh and frozen baking company in Canada and is engaged in frozen baking and biscuit manufacturing in the United States. During the year ended December 31, 2011, the Company acquired Colonial Cookies, a biscuit manufacturer in Ontario, Canada.