Fengate is partnering with Weathervane Investment Corp. to support continued growth of the company, and is managing this investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada.
The assets to be acquired, subject to the completion of this transaction, include commercial shell egg production and processing facilities with current capacity of approximately 1.2 million laying hens, primarily cage-free, feed mill, pullets, fertilizer production and composting operation and land located in Erda, Utah.