Cal-Maine Foods, Inc. completes acquisition of Egg Production Assets of ISE America, Inc. to enhance market reach in the Northeast and Mid-Atlantic states
Jun 28, 2024•over 1 year ago
Acquiring Company
Cal-Maine Foods
Acquired Company
ISE America
Description
Cal-Maine Foods, Inc. (NASDAQ: CALM) has announced the completion of the acquisition of substantially all the assets of ISE America, Inc. The acquired assets include commercial shell egg production and processing facilities, feed mills, large land holdings, inventories, and an egg products breaking facility. This strategic acquisition will significantly enhance Cal-Maine Foods' market reach in the Northeast and Mid-Atlantic states, allowing the company to expand its capacity and serve new customers in previously unexplored territories.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed