Cal-Maine Foods Acquires ISE America Assets for $110M, Expands Production Capacity
Portfolio Pulse from Benzinga Newsdesk
Cal-Maine Foods, Inc. (NASDAQ:CALM) has acquired the assets of ISE America, Inc. for $110 million, expanding its production capacity significantly. The acquisition includes facilities for 4.7 million laying hens, feed mills, 4,000 acres of land, and an extensive customer distribution network.
July 01, 2024 | 7:23 am
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Cal-Maine Foods has acquired ISE America assets for $110 million, significantly expanding its production capacity and distribution network.
The acquisition of ISE America assets will significantly increase Cal-Maine Foods' production capacity and expand its distribution network, likely leading to increased revenues and market share.
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