Cal-maine foods, inc. (nasdaqgs:calm) signed definitive agreement to acquire substantially all of the assets of mahard egg farm, inc.

Cal-maine foods, inc. (nasdaqgs:calm) signed definitive agreement to acquire substantially all of the assets of mahard egg farm, inc. on october 16, 2019. the assets to be acquired, subject to the completion of this transaction, include commercial shell egg production and processing facilities with current capacity for approximately 3.9 million laying hens and permitted capacity for up to 8.0 million laying hens, a feed mill, pullets and related production facilities located in chillicothe, texas, and nebo, oklahoma, and a distribution warehouse located in gordonville, texas. the company expects to close the transaction in the next few weeks.
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