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Calavo Growers Inc
As of May 30, 2026 at 24:05 UTC
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About Calavo Growers Inc
Calavo Growers Inc is engaged in the sourcing, packing, and distribution of fresh avocados, tomatoes, and papayas, and the processing of guacamole and other avocado products. The company delivers products to retail grocers, club and mass-merchandise stores, foodservice operators, and wholesalers, sourcing avocados from California, Mexico, and other key growing regions. Its operations include sorting, packing, ripening, and shipping fresh produce, and processing and packaging fresh and frozen guacamole. The company operates through two segments: Fresh, including avocados, tomatoes, papayas, and other fresh produce products, and Prepared, including guacamole and avocado pulp, with the majority of revenue generated from the Fresh segment and geographically from the United States.
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Latest News
5 articlesMission Produce has completed its acquisition of Calavo Growers for $26.05 per share ($14.85 cash plus 0.9790 Mission shares). The deal unites two major North American avocado companies, expanding Mission's vertically integrated platform with enhanced sourcing capabilities, broader product portfolio including prepared foods, and improved market reach across retail, wholesale, and foodservice channels.
Mission Produce has completed its acquisition of Calavo Growers for $26.05 per share ($14.85 cash plus 0.9790 Mission shares). The merger unites two major North American avocado companies, expanding Mission's vertically integrated platform, broadening its product portfolio to include tomatoes, papayas, and prepared foods, and enhancing sourcing and packing capabilities across the combined entity.
Mission Produce (NASDAQ:AVO) announced it has obtained antitrust clearance from Mexico's Federal Economic Competition Commission (COFECE) for its pending acquisition of Calavo Growers (NASDAQ:CVGW). The approval satisfies a key closing condition, and the companies expect the transaction to close on May 28, 2026, subject to satisfaction of remaining closing conditions.
Calavo Growers (NASDAQ: CVGW) announced that its Board of Directors amended the record date for its quarterly cash dividend from April 1, 2026 to April 24, 2026, due to Nasdaq notice requirements. The dividend amount remains $0.20 per share with a payment date of April 29, 2026.
Investor rights law firm Halper Sadeh LLC is investigating four companies for potential federal securities law violations and breaches of fiduciary duties related to their merger or acquisition transactions. The firm is seeking increased consideration for shareholders and additional disclosures regarding the proposed deals.