Cal-Maine Foods, Inc. acquired Substantially all the assets of ISE America, Inc. for approximately $110 million.
June 28, 2024
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Cal-Maine Foods, Inc. (NasdaqGS:CALM) acquired Substantially all the assets of ISE America, Inc. for approximately $110 million on June 28, 2024. A cash consideration of $110 million will be paid by Cal-Maine Foods, Inc. Cal-Maine Foods is funding the acquisition with available cash on hand. The acquired ISE assets include commercial shell egg production and processing facilities with current capacity of approximately 4.7 million laying hens, including 1.0 million cage-free, and 1.2 million pullets, feed mills, approximately 4,000 acres of land, inventories and an egg products breaking facility.
Cal-Maine Foods, Inc. (NasdaqGS:CALM) completed the acquisition of Substantially all the assets of ISE America, Inc. on June 28, 2024.
Cal-Maine Foods, Inc. is engaged in the production, grading, packaging, marketing and distribution of fresh shell eggs. Its integrated operations consist of hatching chicks, growing and maintaining flocks of pullets, layers and breeders, manufacturing feed, and producing, processing, packaging, and distributing shell eggs. It offers shell eggs, including specialty and conventional eggs. It classifies cage-free, organic and brown eggs as specialty eggs. Its Egg-Landâs Best and Land Oâ Lakes branded eggs are produced and processed under license from Eggland's Best, Inc. Its Farmhouse Eggs branded eggs are produced at its facilities by cage-free hens that are provided with a vegetarian diet. It markets organic, vegetarian, and omega-3 eggs under its 4-Grain brand. The Company sells most of its shell eggs in the southwestern, mid-western and mid-Atlantic regions of the United States. Its subsidiaries include American Egg Products, LLC located in Georgia and Texas Egg Products, LLC.
CAL-MAINE FOODS, INC. 
