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Phoebe Fraser

Phoebe Fraser

19 March 2024

Cal-Maine Foods completes acquisition of Tyson Foods’ assets

Cal-Maine Foods completes acquisition of Tyson Foods’ assets

Cal-Maine Foods has completed its acquisition of various assets from Tyson Foods. FoodBev first reported the sale in January this year. Through the deal, Cal-Maine Foods has acquired a broiler processing plant, hatchery and feed mill in Dexter, Missouri, US, that were closed by Tyson Foods in August 2023. Cal-Maine said it plans to remodel and repurpose the assets for use in shell egg and egg products production. The company anticipates making additional investments in the facilities and community, generating new job opportunities and that the plant also has the potential for other capabilities, such as hard-cooked egg production. Sherman Miller, president and CEO of Cal-Maine Foods, said: “We are pleased to join the Dexter community and are excited about the opportunities to expand our operations. We intend to partner with the existing strong network of local contract growers who can support our shell egg production capabilities.” He continued: “Dexter’s central geographic location and strong work force will enhance our supply and distribution capabilities for customers in Missouri and surrounding markets. Importantly, we will also benefit from closer proximity to sources for our primary feed ingredients. We look forward to the new production opportunities, including the potential for additional free-range capacity, in this new community and market for Cal-Maine Foods.” Financial terms of the deal were not disclosed.

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