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Weaver Eggs, Rose Acre Farms purchase Opal Foods

by Deven King | WATT Poultry | Oct 07, 2020
Opal Foods announced that Rose Acre Farms and Weaver Eggs have purchased AGR Partners’ entire interest in Opal Foods. Opal Foods will remain an independent company with its own management team.

Opal Foods announced that Rose Acre Farms and Weaver Eggs have purchased AGR Partners’ entire interest in Opal Foods.

“There are currently no plans to split up the company. For the foreseeable future, Opal Foods will remain an independent company with its own management team. Representatives of Rose Acre Farms and Weaver Eggs will continue to serve on the board and provide governance and oversight for the business,” said Kelly Brown, independent director and chair of Opal Foods’ governing board.

The change in ownership is not expected to have any substantial impact on day-to-day company functions or employees. However, former Opal Foods president, Brock Peterson, had announced his retirement prior to the company being sold.

“AGR Partners' role, as an investor, is to be a supportive partner. AGR seeks out and builds relationships with owners, management teams and co-investors that can complement AGR’s expertise and add strategic and operational value. Opal Foods has benefited from the investment and the board is confident the business is now positioned to grow under its new ownership structure,” said Brown.

Ejnar Knudsen, CEO of AGR Partners said in an Opal Foods press release that, "Our goal is to invest in family businesses and create value for the owners. The Weaver and Rust families have been great partners over the past six years, and we are delighted to sell our membership interest to these two-family businesses."

Brown noted that "Opal has experienced tremendous growth over the past 6 years, and the One Opal family culture aligns perfectly with the family business philosophy of its owners."

According to the WATTPoultry.com Top Company database, Opal Foods was launched in May 2014. As of December 31, 2019, it had 7.79 million laying hens. The company has more than 250 employees, most of which are in the Neosho, Missouri, area. The company specializes in all-natural, cage-free, organic and all-natural eggs with omega-3s. Opal Foods also provides Land O’Lakes with brown eggs.

Deven King is the managing editor of Egg Industry. Contact King at dking@wattglobal.com.

Rose AcreTM Recipe of the Month

The Best Chewy Chocolate Chip Cookies

        
          
Ingredients:
  • ½ cup granulated sugar
  • ¾ cup brown sugar, packed
  • 1 teaspoon salt
  • ½ cup unsalted butter, melted
  • 1 egg
  • 1 teaspoon vanilla extract
  • 1 ¼ cups all-purpose flour
  • ½ teaspoon baking soda
  • 4 oz milk or semi-sweet chocolate chunks
  • 4 oz dark chocolate chunk, or your preference
Instructions:
  1. In a large bowl, whisk together the sugars, salt, and butter until a paste forms with no lumps.
  2. Whisk in the egg and vanilla, beating until light ribbons fall off the whisk and remain for a short while before falling back into the mixture.
  3. Sift in the flour and baking soda, then fold the mixture with a spatula (Be careful not to overmix, which would cause the gluten in the flour to toughen resulting in cakier cookies).
  4. Fold in the chocolate chunks, then chill the dough for at least 30 minutes. For a more intense toffee-like flavor and deeper color, chill the dough overnight. The longer the dough rests, the more complex its flavor will be.
  5. Preheat oven to 350°F (180°C). Line a baking sheet with parchment paper.
  6. Scoop the dough with an ice-cream scoop onto a parchment paper-lined baking sheet, leaving at least 4 inches (10 cm) of space between cookies and 2 inches (5 cm) of space from the edges of the pan so that the cookies can spread evenly.
  7. Bake for 12-15 minutes, or until the edges have started to barely brown.
  8. Cool completely before serving.
"This is the day which the Lord has made, Let us rejoice and be glad in it." Psalms 118:24
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