SHARE

Mission Produce agrees $430m Calavo Growers acquisition to scale avocado supply

The fresh produce supplier has agreed to buy Calavo in a $430m deal, seven months after a takeover approach. The tie-up will double packhouse capacity in Mexico and widen ready-to-eat ranges, supporting year-round availability.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.