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Stock impact report

Mission Produce to Buy Calavo Growers for $27/Share, Targets $25M Synergies by 2026 Close [Yahoo! Finance]

Mission Produce, Inc. (AVO) 
Company Research Source: Yahoo! Finance
deal is expected to close by end-August 2026 , with John Pawlowski to serve as CEO and Steve Barnard as executive chairman. Mission expects $25 million of annualized cost synergies to be realized within 18 months and projects a pro forma fiscal 2025 profile of revenue north of $2 billion and Adjusted EBITDA of about $176 million , with net leverage around 2.4 after the transaction. The acquisition adds Calavo's prepared foods platform (branded and private-label guacamole, salsas and dips) and two packing houses in Michoacán and Jalisco—bringing Mission's Mexico network to four—to diversify products, smooth avocado seasonality, and accelerate international expansion. Interested in Mission Produce, Inc.? Here are five stocks we like better. 2 Avocado Stocks Proving the Superfood Can Be a Super Investment Mission Produce (NASDAQ:AVO) executives said the company has entered into a definitive agreement to acquire Calavo Growers in a cash-and-stock transaction aimed at expanding M Show less Read more
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