Mission Produce completes acquisition of Calavo Growers for $26.05 per share

Mission Produce, Inc.
Calavo Growers

Mission Produce, Inc.

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Calavo Growers

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  • Mission Produce completed its acquisition of Calavo Growers, making Calavo a wholly owned subsidiary effective May 28, 2026.
  • Calavo shareholders will receive USD 26.05 per share, split between USD 14.85 cash and 0.9790 Mission shares.
  • Nasdaq suspended trading in Calavo shares before the open on May 28; the stock is expected to be delisted by June 8.
  • Calavo’s former CEO, B. John Lindeman, will lead the business during a transition period, reporting to Mission CEO John Pawlowski.
  • Kathleen Holmgren joined Mission’s 10-member board at closing; Stephen J. Barnard continues as executive chair.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mission Produce Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605281947PRIMZONEFULLFEED9728642) on May 28, 2026, and is solely responsible for the information contained therein.