https://brandtree.org/company/mission-produceAcquisitions, divestitures and ownership changes involving Mission Produce.https://brandtree.org/deal/mission-produce-acquires-calavo-2026https://brandtree.org/deal/mission-produce-acquires-calavo-2026Thu, 28 May 2026 00:00:00 GMTMission Produce acquired Calavo Growers, the listed California avocado company founded in 1924, under a merger agreement dated 14 January 2026 that completed on 28 May 2026. Each Calavo share was converted into 0.9790 of a Mission Produce share plus cash; in total Mission Produce issued about 17.5 million shares and paid about $265.9 million, funded from cash and new borrowing. Calavo became Calavo Growers, LLC, a wholly owned subsidiary, and its shares were removed from Nasdaq. It put the Mission and Calavo avocado labels under one owner, which began closing overlapping distribution facilities in September 2026.