Shell egg processor and producer Moark LLC has agreed to a long-term lease arrangement for the assets of three Maine egg producers: Quality Egg of New England LLC, Dorothy Egg Farm LLC and Mountain Hollow Farms LLC.
Under the lease arrangement, Moark will be the sole operator of the egg production, processing and warehousing operations (as well as a feed mill) owned by the companies, which are located in Turner, Leeds, and Winthrop, Maine. At the end of the 10-year lease period, Moark will have the option of purchasing the facilities.
"This expansion enables Moark to better serve customers in the Northeastern U.S.," said Moark President Craig Willardson. "It complements our existing operations by adding approximately 3.6 million layers, and it provides greater access to a growing market for eggs.
The transaction is expected to close shortly.