secwatch / observer
8-K filed August 21, 2024, 7:59 PM ET ticker CVGW CIK 0001133470
M&A confidence high sentiment positive materiality 0.75

CALAVO GROWERS INC (CVGW): M&A transaction — Calavo Growers sells Fresh Cut business for $83M; focuses on core avocado/guacamole

CALAVO GROWERS INC

Executive movements

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Departed

Paul Harrison

Executive Vice President RFG Prepared
CVGW · CALAVO GROWERS INC
Effective
2024-08-15
Filed
August 21, 2024, 7:59 PM ET
On August 15, 2024, Paul Harrison, the Company’s Executive Vice President RFG Prepared, resigned 1 in connection with the transaction contemplated by the Asset Purchase Agreement and Purchase and Sale Agreement in order to accept employment with Buyer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Harrison resigned as Executive Vice President RFG Prepared at CALAVO GROWERS INC.

Action
resigned
Role
Executive Vice President RFG Prepared
Exact text from the filing
On August 15, 2024, Paul Harrison, the Company’s Executive Vice President RFG Prepared, resigned 1 in connection with the transaction contemplated by the Asset Purchase Agreement and Purchase and Sale Agreement in order to accept employment with Buyer.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

CALAVO GROWERS INC completed a disposition involving F&S Produce Co., Inc. and F&S Produce West LLC for $52,020,000, subject to certain adjustments relating to working capital, and approved capital expenditures (closed 2024-08-15).

Action
disposition
Counterparty
F&S Produce Co., Inc. and F&S Produce West LLC
Consideration
$52,020,000, subject to certain adjustments relating to working capital, and approved capital expenditures
Closing
2024-08-15
Exact text from the filing
CA 92507 for $30,980,000. In addition, pursuant to the Asset Purchase Agreement, the purchase price for the Purchased Assets (as defined in the Asset Purchase Agreement) was $52,020,000, subject to certain adjustments relating to working capital, and approved capital expenditures. The foregoing descriptions of the Asset Purchase Agreement, and the Purchase and
View on SEC.gov

9 m&a transactions filed in the last 30 days. Browse all m&a transactions →

CALAVO GROWERS INC filing history →

Source: SEC EDGAR
accession 0001558370-24-012417
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