Cal-Maine Foods Acquires Tyson Foods' Dexter, Missouri Poultry Facilities

Cal-Maine Foods to Acquire Egg Production Assets of Fassio Egg Farms

September 28, 2023

Food & Beverage

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.

Cal-Maine Foods Acquires ISE America Inc. for $110M

July 2, 2024

Food & Beverage

Cal-Maine Foods Inc. has acquired virtually all assets of Galena, Maryland–based ISE America Inc. for approximately $110 million in cash. The deal adds ISE’s commercial shell-egg production and processing capacity (about 4.7 million laying hens, including 1 million cage-free), feed mills, roughly 4,000 acres, pullets, inventories and an egg-products breaking facility, expanding Cal‑Maine’s footprint into the Northeast and Mid‑Atlantic.

Tyson Foods Acquires Williams Sausage Company

May 22, 2023

Food & Beverage

Tyson Foods completed the acquisition of Williams Sausage Company, a 65-year-old Union City, Tennessee-based maker of fresh and fully cooked sausage, bacon and sandwiches, adding manufacturing capacity and retail/foodservice product lines to Tyson's Prepared Foods segment. Williams Sausage employs about 500 team members and will have operational continuity with Emily Billingsley (founder's daughter) overseeing operations during the transition.

Cal Marine Fish Company Acquires Assets of Monterey Fish Company

August 6, 2024

Food & Beverage

Cal Marine Fish Company, LLC, backed by parent Inter Oceanic Holdings, LLC, acquired the assets of Monterey Fish Company, Inc. Plethora Businesses served as exclusive sell-side advisor; the deal expands Cal Marine's harvesting, processing and packing capabilities and strengthens its market presence in the California seafood industry.

Cal‑Maine Foods Acquires Echo Lake Foods for ~$258M

June 2, 2025

Food & Beverage

Cal‑Maine Foods, Inc. (NASDAQ: CALM) has completed the all‑cash acquisition of Echo Lake Foods for approximately $258 million, with an expected tax benefit of about $28 million (effective purchase price ≈ $230 million). The purchase brings Echo Lake’s ~$240 million 2024 revenue business — a producer of ready‑to‑eat egg and frozen breakfast products — into Cal‑Maine’s portfolio to expand its value‑added egg product offerings and reduce earnings volatility through synergies and expanded customer relationships.

Atlas Holdings Acquires Foster Farms

June 7, 2022

Food & Beverage

Atlas Holdings has acquired Foster Farms, the family-owned producer of fresh, frozen and prepared poultry products headquartered in Livingston, California. Foster Farms—employing about 10,000 people and generating roughly $3 billion in annual revenue—will continue to operate under its name, with Donnie Smith (former Tyson Foods CEO) named CEO and chairman.