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Cal-Maine Foods Acquires Egg Production Assets of ISE America
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Cal-Maine Foods Acquires Egg Production Assets of ISE America
Jul 1, 2024 3:40 AM

06:02 AM EDT, 07/01/2024 (MT Newswires) -- Cal-Maine Foods ( CALM ) said late Friday it had completed the acquisition of substantially all the assets of ISE America and certain affiliates for about $110 million.

The company said it acquired ISE assets, including facilities with about 4.7 million laying hens, including 1 million cage-free and 1.2 million pullets.

The acquisition also includes feed mills, 4,000 acres of land, inventories, egg products breaking facility, and a distribution network across the Northeast and Mid-Atlantic, with operations in Maryland, New Jersey, Delaware, and South Carolina.

Cal-Maine Foods ( CALM ) is funding the acquisition with available cash.

Price: 61.77, Change: +0.66, Percent Change: +1.08

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