Brazil's Global Eggs completes US acquisition
The company closes new deal in Europe
14 May 2025
1 minute read
By: Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of US egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Reuters reported, citing Faria as its source on Tuesday.
Last month, Global Eggs signed an agreement to acquire Spanish company Granja Legaria, Faria said, adding that Legaria has about 350,000 birds. He did not disclose the value of the deal.
Global Eggs will now focus on ramping up its US production while pursuing further broadening its European presence, Faria said, adding he is in talks with other egg producers in Europe.
Last November Global Eggs acquired Spain's Grupo Hevo.
"We are really happy with Europe and very upbeat with our operation in the US," he said.
Hillandale is among the top five egg producers in the US and currently raises about 20 million laying hens.
"Our commitment to the US consumer is to increase the flock by one million birds in a year," said Faria.
The United States is currently grappling with an egg shortage following a bird flu outbreak that has killed nearly 170 million chickens, turkeys and other birds since 2022, leading the US to increase egg imports from Turkey, Brazil and South Korea.
