Mission Produce to acquire Calavo Growers for 0.9790 shares + $14.85 cash per share

Mission Produce, Inc.

Each Calavo share exchanged for 0.9790 Mission shares plus $14.85 cash; stock portion may increase to preserve tax-free treatment.
Merger expected to close by July 14, 2026, subject to stockholder votes, HSR clearance, and other customary conditions.
Calavo equity awards (options, RSUs) cashed out based on merger consideration value at closing.
One Calavo director to join Mission board after closing; termination fees: $12.87M (Calavo) and $15.02M (Mission).
Joint press release and investor presentation filed as exhibits to the 8-K.

item 1.01 item 7.01 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Mission Produce, Inc. entered into Agreement and Plan of Merger with Calavo Growers, Inc. (effective 2026-01-14).

Action: entry
Agreement: merger
Counterparty: Calavo Growers, Inc.
Effective: 2026-01-14

Exact text from the filing

On January 14, 2026, Mission Produce, Inc., a Delaware corporation (“ Parent ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), by and among Parent, Calavo Growers, Inc., a California corporation (the “ Company ”), Cantaloupe Merger Sub I, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“ Merger Sub I ”) and Cantaloupe Merger Sub II, LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“ Merger Sub II ”)

View on SEC.gov

273 material agreements filed in the last 30 days. Browse all material agreements →

Mission Produce, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-013366

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.