Mission Produce Secures Mexican Antitrust Clearance for Calavo Merger; Closing Expected May 28
AVO sits 19% above its 52-week low of $10.
Summary
Mission Produce announced it has secured Mexican antitrust approval for its acquisition of Calavo Growers, with the merger now expected to close on May 28, 2026.
Key Events · M&A and Partnerships · AVO
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Antitrust Clearance Obtained
Mission Produce and Calavo Growers have received antitrust clearance from Mexico's Federal Economic Competition Commission (COFECE), satisfying a key closing condition for their merger.
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Merger Closing Date Set
The companies now expect the acquisition to be consummated on May 28, 2026, subject to the continued satisfaction of all closing conditions.
Analysis · AVO · Industrial Applications And Services
This filing confirms that Mission Produce has received the necessary antitrust clearance from Mexico's COFECE for its acquisition of Calavo Growers. This removes a critical regulatory hurdle, paving the way for the completion of the approximately $520.7 million merger. The announcement of an expected closing date of May 28, 2026, provides a definitive timeline for this significant strategic transaction, which is expected to transform the company's market position.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 35.6% of the 1569 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AVO was trading at $11.92 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $844.5M. The 52-week trading range was $10.00 to $15.53. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.