Cal-Maine Foods completed the acquisition of Echo Lake Foods for $258m.

Cal-Maine Foods, a producer and distributor of fresh shell eggs, completed the acquisition of Echo Lake Foods, a company that produces, packages, markets and distributes ready-to-eat egg products and breakfast foods, for $258m. "The addition of Echo Lake Foods advances our stated strategy to expand and diversify our product portfolio and customer mix. The combined product lines and capabilities of the two companies are highly complementary and, importantly, we share similar values of pursuing operating excellence and meeting the needs of our customers," Sherman Miller, Cal-Maine Foods President and CEO.