Mantiqueira USA announces the acquisition of Hickman's Egg Ranch and marks its expansion in the US
MTQ USA operates as a joint venture between the Pinto Family, founders of Mantiqueira, and JBS NV (NYSE: JBS), one of the world's largest food companies.
"Expanding into the United States has always been a goal for our family, and taking this step through the acquisition of Hickman's makes this moment especially significant ,” said Leandro Pinto , founder of Mantiqueira . “ Hickman’s is a respected leader with a legacy of quality and service. Combining its deep industry expertise with our global experience positions MTQ USA for lasting success".
The transaction is expected to close by the end of the year, subject to customary closing conditions. Murilo Scarpa Pinto serves as president of MTQ USA.
"Launching MTQ USA through this acquisition creates a solid foundation built on complementary strengths", said Murilo Scarpa Pinto , president of MTQ USA. "Hickman’s legacy, quality, and customer relationships-combined with its scale, resources, and global experience—enable us to deliver exceptional service and grow with purpose. We are committed to honoring Hickman’s legacy while opening new opportunities for our customers and employees".
Wesley Batista Filho , CEO of JBS USA , highlighted the strategic importance of this move in the North American protein market.
"This acquisition is an important milestone for JBS in the United States, expanding our operations into a new and complementary protein category", stated Batista Filho. "By joining forces with the Pinto Family through MTQ USA, we are creating strong synergies that will enhance collaboration, improve efficiency, and accelerate innovation. Hickman's brings decades of experience and credibility to the American egg industry, and we see a significant opportunity to deliver even more value to customers across the country".
The acquisition of Hickman's marks MTQ USA's formal entry into the United States market and reinforces the company's commitment to collaboration, diversification, and meeting the evolving needs of its customers
"Our family has dedicated generations to building a company founded on excellence and integrity", said Glenn Hickman , president and CEO of Hickman’s Egg Ranch. "We are confident that this transition will bring even more opportunities for our customers, employees, and partners".
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