Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for $1.1 billion, Faria told Reuters on Thursday.

Global Eggs is based in Luxembourg and also operates Granja Faria.

A worker collects eggs at a poultry farm in Taquari, Rio Grande do Sul, Brazil, March 12, 2025. REUTERS/Diego Vara