Calavo Growers to Be Acquired by Mission Produce

An announcement from Calavo Growers ( (CVGW) ) is now available.

On January 14, 2026, Calavo Growers agreed to be acquired by Mission Produce through a two-step merger in which Calavo shareholders will receive 0.9790 Mission shares plus $14.85 in cash per Calavo share, with mechanisms to preserve the intended U.S. tax reorganization treatment by adjusting the stock/cash mix if needed. The deal, which remains subject to shareholder approvals, antitrust and other regulatory clearances, Nasdaq listing of new Mission shares and effectiveness of a registration statement, will see all Calavo stock options and restricted stock units vest and be cashed out based on the merger consideration value, and one Calavo independent director will join the Mission board at closing. The merger agreement includes customary covenants, non-solicitation provisions and detailed termination rights, including a Calavo break-up fee of about $12.87 million in certain circumstances and reverse termination fees payable by Mission of about $15.02 million or $12.87 million depending on the reason for termination, underscoring the strategic significance and negotiated protections around consolidation in the avocado and fresh foods sector. On the same date, Calavo entered into executive retention agreements with CFO James Snyder and Calavo Foods EVP Ronald Araiza, providing sizable one-time retention bonuses, change-in-control bonuses and severance protections to stabilize leadership through the transaction, and the board signaled it does not expect to hold a 2026 annual meeting in order to focus on timely completion of the merger.

The most recent analyst rating on (CVGW) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Calavo Growers stock, see the CVGW Stock Forecast page.

Spark’s Take on CVGW Stock

According to Spark, TipRanks’ AI Analyst, CVGW is a Neutral.

The score is driven primarily by improved financial health—profitability turning positive, strong recent cash generation, and a dramatically de-risked balance sheet. Technicals are moderately supportive but still below longer-term trend levels, while valuation is reasonable with a solid dividend yield. The SEC investigation closure provides an additional sentiment and risk tailwind, but revenue contraction remains the key offset.

To see Spark’s full report on CVGW stock, click here.

More about Calavo Growers

Calavo Growers, Inc. is a California-based company in the fresh and packaged foods industry, best known for its avocado and related food products, with operations that span fresh produce marketing and a prepared foods division. The company serves retail, foodservice and other customers in the broader fresh foods and packaged foods markets, competing alongside other produce marketers and value-added food providers.

Average Trading Volume: 271,753

Technical Sentiment Signal: Strong Sell

Current Market Cap: $403.1M

For a thorough assessment of CVGW stock, go to TipRanks’ Stock Analysis page.