Cal-Maine Foods has completed the acquisition of 50 percent of the membership interests of Delta Egg Farm LLC from Sunbest Foods of Iowa, a Moark LLC affiliate, according to a company press release. With the completion of this transaction, Delta Egg Farm is now a wholly-owned subsidiary of the company.
Cal-Maine Foods purchased the membership interests for a total of $17 million.
Delta Egg Farm includes a feed mill and egg production complex with capacity for approximately 1.2 million laying hens, located near Delta, Utah, and an organic egg production complex with capacity for approximately 400,000 laying hens located near Chase, Kan.
Based in Jackson, Miss., Cal-Maine Foods is the largest producer and distributor of fresh shell eggs in the U.S., selling its eggs in 29 states.
Cargill replaces Ruth Kimmelshue and Mary Thompson, who have been promoted to other positions within the company
USDA reports that shell eggs broken for egg products in May were down 15 percent when compared to May 2014
New cases of avian influenza are declining, but virus continues to be a concern
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