Cal-Maine Foods, Inc. has announced that the company has reached a definitive agreement to purchase the remaining 50 percent membership interest in Red River Valley Egg Farm, LLC from Rose Acre Farms, Inc.
The entity will become a wholly owned subsidiary of the company. The purchase price is $48.5 million for the balance of the joint ventureâs membership interests. Red River Valley Egg Farm, LLC owns and operates a specialty shell egg production complex with approximately 1.7 million laying hens, pullet capacity, feed mill, processing plant, related offices and outbuildings and related equipment located on approximately 400 acres near Bogata, Texas. The Company expects to close the transaction by the end of the month, subject to customary closing conditions.
3dmentat/iStock/Thinkstock
May 13, 2021
Cal-Maine Foods Inc. has reached a definitive agreement to purchase the remaining 50% membership interest in Red River Valley Egg Farm LLC from Rose Acre Farms Inc. The entity will become a wholly owned subsidiary of the company. The purchase price is $48.5 million for the balance of the joint venture’s membership interests.
Red River Valley Egg Farm owns and operates a specialty shell egg production complex with approximately 1.7 million laying hens, pullet capacity, feed mill, processing plant, related offices and outbuildings and related equipment located on approximately 400 acres near Bogata, Texas. The company expects to close the transaction by the end of the month, subject to customary closing conditions.
Egg White Powder Market expected to reach US$ 2,652.35 million and Growing at a CAGR of 8% during forecast period 2021-2027
iCrowd Newswire
30 Apr 2021, 01:23 GMT+10
The egg white powder market is expected to reach US$ 2,652.35 million by 2027 from US$ 1,463.84 million in 2019; it is estimated to grow at a CAGR of 8.0% from 2020 to 2027.
Egg white powder is a well-known form of protein powder and is free of fats and sugars. Therefore, it is the best choice to help consumer achieve any fitness goals. Considering the rising number of food allergy and intolerance cases, the products such as egg white powder are becoming profitable field for investments in the food ingredients category. In addition to protein-rich characteristics, egg white powder can provide the typically recommended dose of calcium, amino acids, and cholesterol-free protein. Further, the meat-free nature of this type of powder substantiates sales, mainly among the vegetarian consumers. Through an evident shift of c
Egg White Powder Market expected to reach US$ 2,652 35 million and Growing at a CAGR of 8% during forecast period 2021-2027 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.