Cal-Maine Foods Announces Acquisition of Creighton Brothers LLC
Cal-Maine Foods, Inc. (NASDAQ: CALM), the largest egg company in the United States and a leading player in the egg-based food industry, today announced the acquisition of the shell egg, egg products, and prepared foods assets of Creighton Brothers LLC, including Crystal Lake LLC, for a total purchase price of approximately $128.5 million, subject to customary post-closing adjustments. Cal-Maine Foods is funding the acquisition with available cash on hand.
Established in 1925, Creighton Brothers produces, grades, and packages high-quality conventional and specialty shell eggs for...
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