Saskatoon’s Star Egg is acquired by two partners
Saskatchewan Egg Producers of Regina and Nutri-Group of Saint-Hyacinthe now both have stakes in Star Egg, a Saskatoon-based family owned company
Regina, Sask. and Saint-Hyacinthe, Que. – The Saskatchewan Egg Producers (SEP) and farmer-owned Nutri-Group have acquired stakes in Star Egg, a Saskatoon-based egg-grading, distribution and marketing business owned by the Harman family.
In a statement, SEP and Nutri-Group say Star Egg will remain based in Saskatchewan, will continue to employ local people, contribute to the province’s economy, and continue to give consumers variety and choice.
The partnership will also help Nutri-Group’s farmer-owned cooperative model expand, and ensure that Saskatchewan’s egg farmers “have a greater role in shaping the future of egg production in the province,” says the statement.
“Saskatchewan’s egg farmers care a lot about this province and they not only work hard to deliver high-quality, nutritious, affordable eggs to Saskatchewan families, but they’re always seeking opportunities to contribute to a stronger, more vibrant Saskatchewan,” says Cam Broten, SEP’s executive director.
“This new partnership is an exciting opportunity for the Saskatchewan Egg Producers and it’s a good news story for Saskatchewan.”
For Serge Lefebvre, Nutri-Group’s president, partnering directly with egg farmers is a significant benefit.
“Our success is rooted in the fact that we are farmer-owned,” says Lefebvre.
“We’re excited to join with Saskatchewan’s egg farmers and the Harman family in working to bring nutritious eggs from Saskatchewan barns to grocery-store shelves.”
The statement says Star Egg will have a new board, which will now include representatives from all the partners. The Harman family will continue to manage the company.
“We knew the time was right for our family business to transition to a joint-ownership model,” says Bert Harman, Star Egg’s president.
“Partnering directly with Saskatchewan’s egg farmers and with Nutri-Group will ensure Star Egg continues to serve Saskatchewan families for generations to come, providing good jobs right here in Saskatchewan, and contributing to our province’s economy.”