Who acquired Calavo Growers?

Written by Editorial Team | Last Updated: August 2026

Mission Produce, Inc. officially acquired Calavo Growers, Inc. in a strategic transaction that united two of North America's most established avocado and fresh produce leaders. Following the completion of the acquisition, Calavo became a wholly owned subsidiary of Mission Produce, resulting in the suspension and delisting of Calavo's common stock from the Nasdaq exchange.

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Calavo Growers was acquired by Mission Produce, Inc., a global leader in the sourcing, packing, and distribution of fresh avocados.

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The name "Calavo" is a historic trademarked portmanteau derived from "California" and "avocado." The brand originated with the formation of the California Avocado Growers Exchange in the early 20th century.

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Calavo Growers maintains a dedicated workforce comprising approximately 2,100 full-time and seasonal employees.

Calavo Growers is a global leader in the sourcing, packing, ripening, and distribution of fresh produce—primarily focusing on avocados, tomatoes, and papayas.

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Calavo Growers, Inc. was acquired by Mission Produce, Inc. in a combination cash-and-stock transaction valued at approximately $26.05 per share.

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Calavo Growers generates annual net sales scaling in the hundreds of millions of dollars, typically reporting yearly revenues between $610 million and $660 million.

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Following the acquisition of Calavo Growers by Mission Produce, B.

Calavo Growers, Inc.

Yes, Calavo avocados are widely recognized for their premium quality.

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Walmart sources its massive inventory of fresh avocados through a robust, diversified supply chain spanning multiple international and domestic agricultural regions.

Global avocado supplies remain relatively stable, supported by continuous year-round harvests from major producing regions like Mexico, Peru, and California.