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Mantiqueira USA, the US egg supplier co-owned by meat giant JBS, has entered a binding agreement to acquire Hickman’s Egg Ranch, a leading egg producer based in the Mountain and West Coast regions.
Founded in 1944, Hickman’s Egg Ranch is recognised as the largest egg producer in the US Southwest.
Mantiqueira USA operates as a joint venture between the Pinto family, founders of Mantiqueira, and JBS NV, one of the world’s leading food companies.
Commenting on the deal, Mantiqueira founder Leandro Pinto said: “Hickman’s is a respected leader with a legacy of quality and service. Combining their deep industry expertise with our global experience positions MTQ USA for long-term success”.
JBS USA CEO Wesley Batista Filho added: “By partnering with the Pinto Family through MTQ USA, we are creating strong synergies that will enhance collaboration, improve efficiency, and accelerate innovation. Hickman’s brings decades of experience and credibility in the American egg industry, and together we see significant opportunity to deliver more value to customers across the country”.
Hickman’s Egg Ranch President & CEO Glenn Hickman said: “Our family has spent generations building a company rooted in excellence and integrity. We are confident that this transition will bring even greater opportunities to our customers, employees and partners”.
The transaction is expected to close by the end of the year, subject to customary closing conditions.
Source: Mantiqueira USA (via Globenewswire)
