Cal-Maine Foods Buys Creighton Brothers and Crystal Lake Assets for $128.5M

Group 1 - Cal-Maine Foods, Inc. has acquired the shell egg, egg products, and prepared food assets of Creighton Brothers LLC, including Crystal Lake LLC, for approximately $128.5 million, funded with cash on hand [2][8] - The acquisition includes commercial shell egg production and grading facilities with a capacity for about 3.2 million laying hens, including 500,000 cage-free hens, and a feed mill [4][5] - Creighton Brothers produces and packages conventional and specialty shell eggs, while Crystal Lake focuses on ready-to-use egg products for foodservice and food manufacturing [3][5] Group 2 - The integration of Creighton Brothers and Crystal Lake into Cal-Maine Foods' existing operations will include their 177 employees [5] - Cal-Maine Foods specializes in the production, packaging, marketing, and distribution of various types of eggs, including conventional, cage-free, organic, and ready-to-eat egg products [5]