Already the country’s largest egg processor (more than $3 billion in sales), Cal-Maine Foods today (Sept. 28) announced an agreement to acquire substantially all the assets of Fassio Egg Farms Inc., related to its commercial shell egg production and processing business. Price was not disclosed.
The assets include commercial shell egg production and processing facilities with current capacity of approximately 1.2 million laying hens, primarily cage-free, feed mill, pullets, fertilizer production and composting operation and land located in Erda, Utah, outside Salt Lake City.
The deal will expand Cal-Maine’s market presence in Utah and the western U.S., especially in cage-free eggs. Fassio Egg Farms has been in the egg production business since 1915. Few other details were shared. Cal-Maine expects to close the transaction in the next few weeks.