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. Mission Produce acquires Calavo Growers to expand its North American avocado and fresh produce platform, adding tomatoes, papayas, and prepared foods like guacamole. Calavo Growers supplies fresh avocados and value-added products to retail, wholesale, and foodservice customers, supporting Mission’s vertically integrated sourcing, packing, and distribution. The Mission Produce acquisitions are structured as an add on acquisition and consumer M&A, with Mission as a public company acquisition of a complementary prepared foods capability. The consumer deals CA transaction strengthens supply reliability and scale, with deal completion reported as closed.