Arizona

Arizona-based Hickman’s Family Farms set to be acquired by Brazilian company

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GREELEY, CO (AZFamily) — Mantiqueira USA announced Friday it has entered an agreement to acquire Hickman’s Egg Ranch, an egg producer headquartered in Arizona.

Hickman’s has over five locations across Arizona. The company also has locations in California, Colorado, and Nevada.

The Arizona egg farm took a huge hit after losing most of its chickens to bird flu earlier this year. About six million birds were lost. Glenn Hickman, president and CEO of Hickman’s Egg Ranch, says it was the first time in 81 years that the company had been unable to fulfill 100% of customer demands.

Hickman said this new transition will bring opportunities to customers, employees and partners.

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The acquisition marks MTQ USA’s formal entry into the U.S. market. The company is a spin-off from Mantiqueira Brasil.

“Expanding into the United States has long been a vision for our family, and taking this step through the acquisition of Hickman’s makes this moment especially meaningful,” said Leandro Pinto, founder of Mantiqueira. “Hickman’s is a respected leader with a legacy of quality and service.”

The transaction is expected to close by the end of the year.

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