Calavo Growers Acquired by Mission Produce | Consumer M&A Deal

Mission Produce has completed the acquisition of Calavo Growers, a food beverage retail business in California, for $26.05 per share. Mission Produce acquisitions expand a vertically integrated fresh produce platform by adding Calavo’s prepared foods and guacamole capabilities, alongside complementary categories such as tomatoes and papayas. Calavo Growers acquisition strengthens sourcing, packing, distribution, and customer relationships across retail, wholesale, and foodservice channels in North America. The strategic acquisition is a merger acquisition completed as a strategic acquisition by Mission Produce, with Calavo continuing as a wholly-owned subsidiary during integration; Calavo shares were suspended and are expected to be delisted from Nasdaq by June 8, 2026.