Deals this week: BayWa, Cal-Maine Foods

BayWa, a German company engaged in agricultural business, has announced a partnership with another agribusiness company named Al Dahra Holding to produce vegetables using green technologies.

The partners will set up a joint venture named Al Dahra BayWa in the United Arab Emirates (UAE) with a capital of €30m ($31.66m).

Cal-Maine Foods, a company based in the US, has acquired the entire assets, including those related to commercial egg production, processing, distribution and sales, of Happy Hen Egg Farms.