OXNARD, Calif. – Mission Produce, Inc. (NASDAQ: AVO), recognized as a world leader in sourcing, producing, and distributing fresh Hass avocados, officially announced the completion of its acquisition of Calavo Growers, Inc. on May 28, 2026. This significant transaction incorporates Calavo, a leading provider known for its fresh avocados, tomatoes, papayas, and a range of value-added prepared foods such as guacamole, into Mission’s expanding enterprise.
The strategic integration is poised to substantially bolster Mission’s existing vertically integrated platform. By bringing Calavo’s operations under its umbrella, Mission Produce gains an expanded North American footprint, enhancing its logistical and distribution capabilities. Furthermore, the acquisition broadens Mission’s product portfolio, moving beyond its foundational Hass avocado offerings to include a more diverse array of fresh produce and prepared food items.
This consolidation is designed to deliver greater value to Mission’s extensive customer network, spanning retail, wholesale, and foodservice sectors across the globe. The expanded product range and enhanced operational scale are expected to create efficiencies and new opportunities for these customers.
The successful completion of this acquisition underscores Mission Produce’s commitment to strategic growth and solidifies its position as a dominant force in the North American avocado and broader fresh produce market, aiming for sustained leadership and innovation.
