Calavo Growers stock exits after Mission Produce merger

Calavo Growers stock (ISIN US1282461052) is no longer an active standalone trading story after a cash and stock merger with Mission Produce. According to Robinhood on September 22, 2026, each CVGW share entitled its holder to USD 14.85 in cash and 0.9790 Mission Produce shares.

CVGW consideration has two parts

The transaction combines a fixed cash component with an equity component rather than leaving CVGW shareholders with a continuing Calavo listing. The documented exchange ratio is 0.9790 Mission Produce shares for every Calavo share, while the cash consideration is USD 14.85 per share, both dated September 22, 2026.

The structure changes the relevant market exposure. CVGW holders now participate in Mission Produce through the share component, while the cash component provides a fixed USD amount under the recorded merger terms. That is a quantified comparison with the former one-share CVGW position: one Calavo share became USD 14.85 plus 0.9790 AVO shares.

Mission Produce reports larger synergies

Mission Produce stock traded at USD 12.80 on September 21, 2026, giving the avocado producer a market capitalization of USD 1.13 billion. The same report said analysts maintained price targets ranging from USD 15 to USD 18, while Mission Produce had raised its annualized cost synergy expectation from at least USD 25 million to more than USD 30 million after the Calavo acquisition, according to Investing.com.

The synergy revision represents an increase of more than USD 5 million from the previous minimum expectation. The same source reported that Mission Produce revenue rose 26 percent from the prior year, driven by the Calavo acquisition and higher avocado volume, giving the combined business a measurable operating comparison.

CVGW identity changes after merger

For holders assessing the former CVGW security, the key figures are the USD 14.85 cash amount and the 0.9790 share exchange ratio. The relevant continuing company is Mission Produce, whose stock was quoted at USD 12.80 on September 21, 2026, with the transaction-related operating case centered on more than USD 30 million in annualized cost synergies.

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