In a December 3rd announcement, Versova acquired the operations and facilities of Willamette Egg Farms, from Michael Foods, a subsidiary of Post Holdings.  The purchasers have established a holding company, Northwest Farms for the facilities in Moses Lake, WA, and in Canby and Molalla, OR.  It is estimated that a total of three million hens are housed among the three complexes.

Financing was provided by Proterra Investment Partners.  This group financed the purchase of the equity held by Opal Foods and Western Milling in Central Valley Eggs in 2020 leaving Hickman’s Family Farm as the remaining shareholder

Versova is a consortium of family-owned egg producing companies with complexes in Iowa and Ohio.  Versova Management provides services to Iowa cage-free, Centrum Valley Farms, Center Fresh Group, Hawkeye Pride and Sioux County Egg Farm located in IA. and Trillium Farms in Ohio. 

In commenting on the acquisition JT Dean, President of Versova stated, "there are dramatic changes coming in U.S. egg production, including customer-set deadlines to transition to cage-free as well as state law changes regarding housing.  We want to secure our position to maintain a strong and stable supply of eggs to our customers now and in the future".

Proterra is an investment group focused on private capital investment with multinational holdings in agriculture, food and mining managing $4 billion in assets.

Post Holdings currently retains Michael Foods Inc., a major producer of egg liquids and also shell eggs headquartered in Minnesota with operations in that state and Nebraska. The Company was formed in 1987 with successive acquisition of competitors including Papettis Hygrade Egg Products and Abbotsford Farms. Recent purchases were Willamette Egg Farms (2015), National Pasteurized Eggs (2016), Henningsen Foods (2020) and Almark Foods (2021).