RIDGELAND, Miss. — Cal-Maine Foods announces that it has signed a definitive agreement to acquire Echo Lake Foods for approximately $258 million, excluding expected tax assets resulting from the transaction, to be funded with available cash on hand.
Echo Lake Foods was founded in 1941 and acquired by the Meinerz family in 1981. Based in Burlington, Wis., Echo Lake Foods produces, packages, markets and distributes ready-to-eat egg products and breakfast foods, including waffles, pancakes, scrambled eggs, frozen cooked omelets, egg patties, toast and diced eggs.
Echo Lake Foods had annual revenues of approximately $240 million in 2024 with. . .