CVGW stock exits Nasdaq after Mission Produce deal

Published on 10/01/2026 at 07:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Calavo Growers stock exited Nasdaq after Mission Produce completed its acquisition on May 28, 2026. Fiscal Q1 revenue reached USD 122.2 million.

CVGW, US1282461052, Illustration mit AI erstellt.

Calavo Growers stock (ISIN US1282461052) has moved from a public-market story to a merger-integration story after Mission Produce completed its acquisition on May 28, 2026. The transaction issued 17,530,762 Mission Produce shares and paid USD 267 million in cash, while Calavo became a wholly owned subsidiary and its Nasdaq trading was suspended for delisting, according to Yahoo Finance on September 8, 2026.

Integration costs reach USD 15.4 million

Mission Produce's September 11, 2026 restructuring decision targets three locations: operations in Swedesboro, New Jersey will be consolidated, Dallas-area facilities will be combined in Garland, Texas, and the former Calavo facility in Jacksonville, Florida will close. The filing described USD 1.4 million in employee severance and benefits, USD 8.6 million in accelerated depreciation and USD 5.4 million in asset retirement obligations, according to StockTitan.

Those disclosed components total USD 15.4 million before lease termination costs. The structure matters for former Calavo investors because the post-merger value proposition now depends on Mission's ability to convert integration savings into operating performance.

Quarterly revenue reaches USD 122.2 million

Calavo's fiscal Q1 2026, covering the period ended January 31, 2026, generated USD 122.2 million in revenue and USD 732,000 in net income, according to Canli Capital. Net income was down 83.42 percent from USD 4.415 million in fiscal Q1 2025, making profitability the sharper comparison than revenue alone.

The earlier annual record also shows the transition's starting point. Fiscal 2025 revenue was USD 648.4 million, down from USD 661.5 million in fiscal 2024, while net income improved to USD 19.97 million from a USD 1.024 million loss, based on the company's reported financial history.

Calavo's public listing has ended

The corporate identity remains tied to fresh avocados, tomatoes, papayas and prepared foods, but the listed-security framework has changed. Investing.com identifies Calavo as CVGW on Nasdaq and confirms ISIN US1282461052, while its market page also reflects the completed Mission Produce transaction.