Cal-Maine Foods acquires Mahard Egg Farm assets

US fresh egg producer Cal-Maine Foods has wrapped up its previously announced acquisition of certain assets of Mahard Egg Farm, pertaining to the latter’s commercial shell egg production, processing, distribution and sale of shell eggs business.

As per the latest food acquisition news, the acquired assets are commercial shell egg production and processing facilities that currently have a capacity for nearly 3.9 million laying hens and allowed capacity for up to 8.0 million laying hens, a feed mill, pullets and associated production facilities located in Chillicothe, Texas, and Nebo, Oklahoma. Also included in the deal is a distribution warehouse in Gordonville, Texas.

The acquisition was announced in mid-October 2019.

Cal-Maine Foods acquires Mahard Egg Farm assets. Photo courtesy of monicore from Pixabay.

At the time of signing the deal, Dolph Baker – chairman and CEO of Cal-Maine Foods said: “We are very pleased to announce the acquisition of these assets from Mahard Egg Farm. Cal-Maine Foods already has a market presence in Texas, and, with the addition of these facilities located near the major market areas north of Dallas, we have an opportunity to reach more customers in Texas and southern Oklahoma with this additional production capacity.

“This proposed transaction is commensurate with our strategy to grow our business through selective acquisitions, as well as through expansion of our existing facilities. We look forward to the opportunity to extend our market reach and deliver greater value to both our customers and shareholders.”

Cal-Maine Foods is engaged primarily in the production, grading, packing, and sale of fresh shell eggs. The products of the fresh egg producer include conventional, cage-free, organic and nutritionally enriched eggs.

The egg company, which is based in Jackson, Mississippi, claims to be the largest producer and distributor of fresh shell eggs in the US. Cal-Maine Foods sells most of its shell eggs in states in the southwestern, southeastern, mid-western and mid-Atlantic regions of the country.