On September 9th, Cal-Maine Foods announced the acquisition of 51 percent of the equity of Crepini Foods, LLC. The company, located in Hopewell Junction, NY., manufactures a range of egg wraps, protein pancakes, crepes and gluten-free Pancheesi® pancakes.
In commenting on the joint venture, Sherman Miller, President and CEO of Cal-Maine Foods, noted, “We are pleased to announce our strategic investment in Crepini Foods that aligns with our growth strategy to enhance our product portfolio and focus on value-added products and other egg-product opportunities.” He added, “This new venture will complement our other egg product offerings from our growing Meadow Creek operation offering hard-cooked eggs for institution, food service and retail needs.”
Paula Riner Shkolnik, CEO of Crepini Foods, LLC, stated, “This partnership will allow us to make our products available to more national and international customers and continue to provide innovations in the egg specialty products category.”