Mar 27, 2025 - Business

U.S. egg producer Hillendale to be acquired for $1.1 billion

Dan Primack

Eggs in cartons — Photo: Laura Lezza/Getty Images

Hillendale Farms, one of America's largest egg producers, on Thursday agreed to be acquired for $1.1 billion by Global Eggs, a company controlled by Brazil's Ricardo Faria.

The big picture: This comes as U.S. egg prices are finally falling, at least on the wholesale side, and could receive regulatory scrutiny.

Zoom in: Hillendale is the third major egg merger announced so far in 2025.

The first was Brazilian meat producer JBS acquiring a 50% stake in Mantiqueira Brasil, one of the largest South American egg players.
The second was Pete & Gerry's, a New Hampshire premium egg producer, acquiring Iowa's Farmers Hen House. axios.link/4hcbv2U

The bottom line: Hillendale is big, but still lags far behind U.S. market leader Cal-Maine.

Add Axios on Google

U.S. egg producer Hillendale to be acquired for $1.1 billion

What to read next