M&A
confidence high
sentiment neutral
materiality 1.00
Calavo to be acquired by Mission Produce for $14.85 cash plus 0.9790 Mission shares per share
CALAVO GROWERS INC
- Each Calavo share converts into 0.9790 Mission shares plus $14.85 cash; total consideration includes fractional share cash.
- Calavo termination fee ~$12.87M; Mission reverse termination fee ~$15.02M under certain conditions.
- Merger expected to close by July 14, 2026, subject to Calavo and Mission shareholder approvals and HSR clearance.
- Retention agreements for CFO James Snyder ($559K) and EVP Ronald Araiza ($447K) upon change of control or anniversary.