Cal-Maine Foods completes acquisition of egg farm
Largest egg producer in the US purchases remaining Delta Egg Farm shares from Moark affiliate
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.