Cal-Maine Foods to Acquire Egg Production Assets of Fassio Egg Farms
September 28, 2023
Cal-Maine Foods, the largest U.S. producer and distributor of fresh shell eggs, has signed a definitive agreement to acquire substantially all commercial shell-egg production and processing assets of Fassio Egg Farms, including facilities in Erda, Utah with capacity of ~1.2 million laying hens. The asset purchase expands Cal‑Maine’s cage‑free production capacity and market presence in Utah and the western United States; the deal is expected to close in the coming weeks subject to customary conditions.
- Buyers
- Cal‑Maine Foods, Inc.
- Targets
- Fassio Egg Farms, Inc.
- Sellers
- Fassio Egg Farms, Inc.
- Industry
- Food & Beverage
- Location
- Utah, United States
- Transaction Type
- Buyout
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