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5mo ago

JBS-Backed Mantiqueira USA to Acquire Hickman's Egg Ranch, Entering U.S. Egg Market

The move extends the Mantiqueira venture into the United States, with closing targeted before year-end pending customary conditions.

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JBS e Mantiqueira compram uma das maiores produtoras de ovos dos EUA

Overview

  • JBS described the agreement as a milestone in Mantiqueira USA’s long-term plan to build a strong, scalable presence in eggs across the United States.
  • The transaction is slated to close before the end of 2025 subject to standard closing conditions, and financial terms were not disclosed.
  • Hickman’s Egg Ranch is based in Arizona and is ranked among the 20 largest egg producers in the country.
  • Mantiqueira USA serves as the U.S. operating arm of the joint venture between JBS and the founders of Mantiqueira Alimentos.
  • The expansion follows JBS’s purchase of 50% of Mantiqueira Brasil and leverages brands focused on free-range and organic eggs, including Happy Eggs and Fazenda da Toca.