Cal-Maine Foods, Inc. Announces Definitive Agreement To Acquire Egg Production Assets Of Fassio Egg Farms, Inc.
Acquiring Company
Cal-Maine Foods
Acquired Company
Fassio Egg Farms
RidgelandFood and BeverageAgriculture and FarmingFood And BeverageRetailFarmingDescription
Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced a definitive agreement to acquire substantially all the assets of Fassio Egg Farms, Inc. (“Fassio”), related to its commercial shell egg production and processing business. The assets to be acquired, subject to the completion of this transaction, include commercial shell egg production and processing facilities with current capacity of approximately 1.2 million laying hens, primarily cage-free, feed mill, pullets, fertilizer production and composting operation and land located in Erda, Utah, outside Salt Lake City. The Company expects to close the transaction in the next few weeks, subject to customary closing conditions.
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Frequently asked
Who acquired Fassio Egg Farms?
Fassio Egg Farms was acquired by Cal-Maine Foods, based in Ridgeland. The deal was reported on September 29, 2023. Cal-Maine Foods, Inc. Cal-Maine Foods is publicly traded (CALM) and operates in Food and Beverage.
When did Cal-Maine Foods acquire Fassio Egg Farms?
Cal-Maine Foods's acquisition of Fassio Egg Farms was reported on September 29, 2023. Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced a definitive agreement to acquire substantially all the assets of Fassio Egg Farms, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fassio Egg Farms do?
Fassio Egg Farms is the company acquired in this transaction. It is privately held.
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