Cal-Maine Foods, Inc. completes acquisition of Egg Production Assets of ISE America, Inc. to enhance market reach in the Northeast and Mid-Atlantic states
Cal-Maine Foods, Inc. completes acquisition of Egg Production Assets of ISE America, Inc. to enhance market reach in the Northeast and Mid-Atlantic states
06/28/24, 10:56 PM
Location
Industry
farming
food and beverage
retail
food and beverage
Cal-Maine Foods, Inc. (NASDAQ: CALM) has announced the completion of the acquisition of substantially all the assets of ISE America, Inc. The acquired assets include commercial shell egg production and processing facilities, feed mills, large land holdings, inventories, and an egg products breaking facility. This strategic acquisition will significantly enhance Cal-Maine Foods' market reach in the Northeast and Mid-Atlantic states, allowing the company to expand its capacity and serve new customers in previously unexplored territories.
Company Info
Location
Ridgeland, Mississippi, United States
Company info
Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packaging, marketing and distribution of fresh shell eggs, including conventional, cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced eggs. The Company, which is headquartered in Ridgeland, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.