Mantiqueira USA Announces Acquisition of Hickman's Egg Ranch, Marking U.S. Expansion

Core Insights - Mantiqueira USA (MTQ USA) has entered a binding agreement to acquire Hickman's Egg Ranch, a top egg producer in the U.S., marking a significant step in MTQ USA's strategy to establish a strong presence in the U.S. egg market [1][5] - The acquisition is part of a joint venture between the Pinto Family and JBS N.V., aiming to leverage their combined expertise and resources to enhance service and growth in the egg industry [2][7] Company Overview - MTQ USA is a newly formed egg production and distribution company, created through a joint venture between the Pinto Family, founders of Mantiqueira, and JBS N.V., one of the leading food companies globally [7] - The company is headquartered in Greeley, Colorado, and focuses on delivering high-quality egg products while committing to responsible operations and long-term growth [7] Strategic Importance - The acquisition of Hickman's Egg Ranch is seen as a crucial milestone for JBS in the U.S. protein landscape, expanding into a new protein category and creating synergies that enhance collaboration and innovation [4][5] - The leadership of MTQ USA emphasizes the importance of combining Hickman's industry expertise with their global experience to drive long-term success and meet evolving customer needs [3][5] Legacy and Commitment - Hickman's Egg Ranch has a legacy of quality and service, and the transition is expected to bring greater opportunities for customers, employees, and partners [6] - The company is committed to honoring Hickman's legacy while driving new opportunities for growth and exceptional service [4][6]