Cal-Maine Foods acquires Creighton Brothers shell egg and egg products assets for ~$128.5M

CAL-MAINE FOODS INC

Purchase price ~$128.5M (subject to adjustments); funded with available cash on hand.
Acquired assets include 3.2M laying hen capacity (500K cage-free), 865K pullets, feed mill, and 1,007 acres.
Adds liquid egg, hard-cooked egg, and prepared foods facility in Warsaw, Indiana, a new market for Cal-Maine.
Integrates 177 employees from Creighton Brothers and Crystal Lake; expects margin and supply-chain benefits.
CEO cites expanded specialty and conventional egg scale to align production with consumer demand.

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