Business
Cal-Maine Foods Announces Acquisition of Creighton Brothers LLC
RIDGELAND, Miss., March 02, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (NASDAQ: CALM), th...
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[{"type":"text","content":"Cal-Maine Foods Announces Acquisition of Creighton Brothers LLCExpands Presence Across Integrated Portfolio, Broadens Geographic Footprint, and Advances Disciplined Capital Allocation Strategy\nRIDGELAND, Miss., March 02, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (NASDAQ: CALM), the largest egg company in the United States and a leading player in the egg-based food industry, today announced the acquisition of the shell egg, egg products, and prepared foods assets of Creighton Brothers LLC, including Crystal Lake LLC, for a total purchase price of approximately $128.5 million, subject to customary post-closing adjustments. Cal-Maine Foods is funding the acquisition with available cash on hand. Established in 1925, Creighton Brothers produces, grades, and packages high-quality conventional and specialty shell eggs for retail and foodservice markets. Crystal Lake produces ready-to-use egg products for the foodservice and food manufacturing industries, including liquid, frozen, and hard-cooked eggs, and distributes pre-cooked egg patties, omelets, and scrambled eggs. Both companies are headquartered in Warsaw, Indiana, where Cal-Maine Foods previously had no shell egg operations. “The acquisition of Creighton Brothers and Crystal Lake advances our strategy by expanding the scale and geographic reach of our shell egg platform, across both specialty eggs and conventional eggs, adding meaningful growth to our portfolio. This incremental capacity strengthens our ability to align production with demand, better positioning us to consistently meet consumer expectations for choice, reliability, and affordability. Together with the Creighton Brothers and Crystal Lake team, we will build on the strong foundation already in place—combining our operational excellence, deep customer relationships, supply chain expertise, rigorous capital deployment, and robust systems to accelerate growth and unlock new opportunities,” said Sherman Miller, president and chief executive officer of Cal-Maine Foods. “Importantly, with nearby liquid egg capacity, we further our internal sourcing strategy for key egg-based ingredients for our prepared foods business—strengthening supply security, improving margins, and driving greater operational efficiency. Together, these advantages compound over time and, guided by our disci...