Warburg Pincus is to invest up to $1bn in multinational table egg producer Global Eggs, in a deal that values the company at $8bn. The investment will be made through Warburg Pincus’ Capital Solutions Founders Fund.
Global Eggs, founded in 2018 by Brazilian entrepreneur Ricardo Faria, operates more than 50 farms across the United States, South America, and Europe, producing over 15 billion eggs annually. The company, which acquired Hillandale Farms in the US, Granja Faria in South America, and Hevo Group in Europe, follows a vertically integrated model covering pullet breeding, feed, packaging, and logistics.
The investment will support Global Eggs’ next phase of growth, enabling expansion into new markets and enhancing operational efficiencies. Allison Ross of Warburg Pincus will join Global Eggs’ Board as part of the transaction.
“Global Eggs has an exciting and significant opportunity ahead, and we look forward to leveraging our expertise to help the Company enter new markets, drive efficiencies, and strengthen its brands,” Ross said.
Faria said the partnership with Warburg Pincus “will accelerate our next chapter of growth in both new and existing markets”.
Warburg Pincus Capital Solutions Founders Fund closed in September 2024 with over $4bn in commitments. Capital Solutions has a flexible mandate that allows it to partner with founders and existing shareholders to provide solutions for balance sheet optimisation, shareholder liquidity, M&A, or growth. The group leverages Warburg Pincus’ global platform and firm-wide resources across geographies to source and execute on hybrid capital transactions.
Morgan Stanley acted as placement agent to Global Eggs, with Davis Polk & Wardwell LLP as legal counsel. Warburg Pincus was advised by Houlihan Lokey and Latham & Watkins LLP.
Global Eggs is now one of the world’s largest egg producers, with operations spanning three continents.
