Calavo stockholders will receive $27 per share, consisting of $14.85 in cash and 0.979 Mission Produce shares for each Calavo share, representing a 26% premium to Calavo's 30-day volume-weighted average price, the companies said.

Mission Produce and Calavo shareholders are expected to own 80.3% and 19.7% of the combined business, respectively.

The transaction, which has received approval from the boards of both companies, is expected to close by the end of August, subject to shareholder and regulatory approvals, the companies said.

John Pawlowski is expected to serve as chief executive officer of the combined company, which will be headquartered in Oxnard, California, the companies added.

http://www.mtnewswires.com
Copyright © 2026 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.