Calavo Growers to be Acquired by Mission Produce in $482M Cash and Stock Deal

summarizeSummary

Calavo Growers announced a definitive agreement to be acquired by Mission Produce for approximately $482 million in a cash and stock transaction, offering shareholders $27.00 per share and participation in the combined company.

check_boxKey Events

• Definitive Merger Agreement

  Calavo Growers entered into a definitive agreement to be acquired by Mission Produce, Inc. in a cash and stock transaction.

• Transaction Value and Consideration

  Calavo shareholders will receive $27.00 per share, consisting of $14.85 in cash and 0.9790 shares of Mission Produce common stock, valuing the transaction at approximately $482 million.

• Shareholder Ownership in Combined Entity

  Calavo shareholders are expected to own approximately 19.7% of the combined company, providing an opportunity to participate in future growth.

• Expected Synergies

  The strategic combination is anticipated to generate $25 million in cost synergies.

auto_awesomeAnalysis

This filing announces a definitive agreement for Mission Produce to acquire Calavo Growers in a cash and stock transaction valued at approximately $482 million. Calavo shareholders will receive $27.00 per share, a premium over recent trading, and will retain a significant stake in the combined entity, allowing participation in future growth and expected $25 million in cost synergies. This transformational event for Calavo is coupled with the release of mixed Q4 and full-year 2025 financial results, which are overshadowed by the acquisition news. The transaction is expected to close by the end of August 2026, subject to regulatory and shareholder approvals.