From Yahoo Finance: 2025-06-12 13:03:00

Calavo Growers, a Nasdaq-listed fresh produce business based in California, has received a takeover offer from an unidentified suitor at $32 a share. The proposal includes shares in the interested party and a cash portion, subject to due diligence and financing. The company is reviewing the offer with its advisors. Calavo Growers’ shares closed up 1.7% after the news. The company, founded in 1924, markets avocados, tomatoes, papayas, guacamole, salsas, and dips. In the second quarter, sales increased 3.3% to $190.5m, while adjusted EBITDA dropped 17.3% to $11.4m. Net income rose 13% to $6.9m.



Read more at Yahoo Finance: Calavo Growers attracts takeover interest from unnamed party