M&A
confidence high
sentiment neutral
materiality 0.80
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.