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Mission Produce acquires Calavo for growth

PUBLIC · AVOSep 09, 2026•about 3 hours ago

Acquiring Company

Mission Produce

Acquired Company

Calavo Growers

Oxnard

Santa PaulaAgriculture and FarmingFood and BeverageFarming

Description

Mission Produce has successfully integrated Calavo into its operations, significantly enhancing its market reach and supply chain capabilities. The acquisition is expected to yield annualized synergies of over $30 million, as the company benefits from improved sourcing and operational efficiencies. Management highlighted that the integration is already resulting in cost reductions and increased profitability. This strategic move aims to amplify Mission Produce's growth in the avocado market.

Company Information

Company

Mission Produce

Location

Oxnard, California, United States

About

Mission Produce, Inc. is a global leader in the worldwide avocado business with additional offerings in mangos and blueberries. Since 1983, Mission Produce has been sourcing, producing, and distributing fresh Hass avocados, and currently services retail, wholesale, and foodservice customers in over 25 countries. The vertically integrated Company owns and operates four state-of-the-art packing facilities in key growing locations globally, including California, Mexico, and Peru and has additional sourcing capabilities in Chile, Colombia, the Dominican Republic, Guatemala, Brazil, Ecuador, South Africa and more, which allow the company to provide a year-round supply of premium fruit.

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Strategic

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Calavo Growers?

Calavo Growers was acquired by Mission Produce, based in Oxnard. The deal was reported on September 9, 2026. Mission Produce, Inc. is a global leader in the worldwide avocado business with additional offerings in mangos and blueberries. Mission Produce is publicly traded (AVO) and operates in Agriculture and Farming.

When did Mission Produce acquire Calavo Growers?

Mission Produce's acquisition of Calavo Growers was reported on September 9, 2026. Mission Produce has successfully integrated Calavo into its operations, significantly enhancing its market reach and supply chain capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Calavo Growers do?

Calavo Growers, Inc. is a global avocado industry leader based in Santa Paula, CA. Before the acquisition, Calavo Growers, Inc. It is privately held, operating in Food and Beverage, and is based in Santa Paula.

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