Cal-Maine Foods

Egg producer and distributor Cal-Maine Foods has signed an agreement to acquire breakfast food manufacturer Echo Lake Foods for approximately $258 million. Echo Lake Foods produces, packages, markets and distributes ready-to-eat egg products and breakfast foods, including waffles, pancakes, scrambled eggs, frozen cooked omelettes, egg patties, toast and diced eggs. The acquisition will allow Cal-Maine Foods to expand its business into the value-added egg processed category and strengthen strategic customer …

US egg producer Cal-Maine Foods has announced it has made a strategic investment in Crepini, establishing a new egg and prepared foods joint venture. Crepini produces egg wraps, protein pancakes, crepes and wraps that are retailed in over 3,500 stores in the US and Mexico. Cal-Maine Foods will capitalize Crepini with approximately $6.75 million in cash to purchase equipment and other assets and fund working capital in exchange for a …