US: Global Eggs Acquires Hillandale Farms

Global Eggs, a Luxembourg-based egg conglomerate, has reached an agreement to acquire US egg producer Hillandale Farms for $1.1 billion, according to a Reuters report.

Global Eggs was established last year and operates Brazil’s Granja Faria and Spain’s Grupo Hevo, acquiring the latter in November.

Hillandale Farms, Grupo Hevo, and Granja Faria reportedly generated over $2 billion combined in revenue in 2024.

Private equity fund BTG Pactual also plans to invest $300 million in Global Eggs in exchange for an 11% ownership stake in the company, reports say.

Global Eggs had initially planned an initial public offering (IPO), but now reportedly intends to prioritize integrating its recent acquisitions and strengthening its brands for the foreseeable future.

Source: Reuters