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Calavo Growers, Inc. Announces Receipt of Unsolicited Proposal

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Calavo Growers (CVGW), a global leader in fresh avocado sourcing and distribution, has received an unsolicited, non-binding acquisition proposal valued at $32.00 per share. The proposed deal structure includes a combination of stock from the acquiring party and cash. The company's Board of Directors is currently evaluating the proposal with legal and financial advisors. The proposal remains subject to several conditions, including due diligence and financing arrangements. Calavo, which specializes in avocados, tomatoes, papayas, and processed avocado products like guacamole, has stated they will not provide further updates unless warranted.
Calavo Growers (CVGW), leader mondiale nell'approvvigionamento e distribuzione di avocado freschi, ha ricevuto una proposta di acquisizione non sollecitata e non vincolante, valutata a 32,00 dollari per azione. La struttura dell'offerta prevede una combinazione di azioni della società acquirente e denaro contante. Il Consiglio di Amministrazione sta attualmente valutando la proposta con l'aiuto di consulenti legali e finanziari. L'offerta è soggetta a diverse condizioni, tra cui la due diligence e le modalità di finanziamento. Calavo, specializzata in avocado, pomodori, papaya e prodotti a base di avocado lavorati come il guacamole, ha dichiarato che non fornirà ulteriori aggiornamenti a meno che non sia necessario.
Calavo Growers (CVGW), líder mundial en la obtención y distribución de aguacates frescos, ha recibido una propuesta de adquisición no solicitada y no vinculante valorada en 32,00 dólares por acción. La estructura de la oferta incluye una combinación de acciones de la parte adquirente y efectivo. La Junta Directiva de la empresa está evaluando actualmente la propuesta junto con asesores legales y financieros. La propuesta está sujeta a varias condiciones, incluyendo la diligencia debida y los arreglos de financiamiento. Calavo, que se especializa en aguacates, tomates, papayas y productos procesados de aguacate como el guacamole, ha declarado que no proporcionará más actualizaciones a menos que sea necesario.
Calavo Growers(CVGW)� 신선� 아보카도 조달 � 유통 분야� 글로벌 선도 기업으로� 주당 32.00달러� 평가� 비공식적이고 구속� 없는 인수 제안� 받았습니�. 제안� 거래 구조� 인수 측의 주식� 현금� 조합� 포함합니�. 회사 이사회는 현재 법률 � 재무 자문� 함께 제안� 검� 중입니다. � 제안은 실사 � 금융 조달 � 여러 조건� 따라 달라� � 있습니다. 아보카도, 토마�, 파파� � 구아카몰리와 같은 가� 아보카도 제품� 전문으로 하는 Calavo� 필요� 경우� 제외하고 추가 업데이트� 제공하지 않을 것이라고 밝혔습니�.
Calavo Growers (CVGW), leader mondial dans l'approvisionnement et la distribution d'avocats frais, a reçu une proposition d'acquisition non sollicitée et non contraignante, évaluée à 32,00 dollars par action. La structure proposée de l'accord comprend une combinaison d'actions de la partie acquéreuse et de liquidités. Le conseil d'administration de la société évalue actuellement la proposition avec l'aide de conseillers juridiques et financiers. La proposition est soumise à plusieurs conditions, notamment une due diligence et des arrangements de financement. Calavo, spécialisé dans les avocats, les tomates, les papayes et les produits transformés à base d'avocat comme le guacamole, a déclaré qu'elle ne fournirait pas d'autres mises à jour sauf si nécessaire.
Calavo Growers (CVGW), ein weltweit führendes Unternehmen im Bereich der Beschaffung und Distribution von frischen Avocados, hat ein unverlangtes, unverbindliches Übernahmeangebot in Höhe von 32,00 USD pro Aktie erhalten. Die vorgeschlagene Transaktionsstruktur beinhaltet eine Kombination aus Aktien der erwerbenden Partei und Bargeld. Der Vorstand des Unternehmens prüft derzeit das Angebot gemeinsam mit rechtlichen und finanziellen Beratern. Das Angebot unterliegt mehreren Bedingungen, darunter Due Diligence und Finanzierungsvereinbarungen. Calavo, spezialisiert auf Avocados, Tomaten, Papayas und verarbeitete Avocadoprodukte wie Guacamole, hat erklärt, dass keine weiteren Updates erfolgen, sofern dies nicht erforderlich ist.
Positive
  • Potential acquisition offer represents a strategic interest in the company
  • Proposed price of $32.00 per share provides a potential premium for shareholders
  • Board is actively reviewing the proposal with professional advisors
Negative
  • Proposal is non-binding and subject to multiple conditions including due diligence and financing
  • Mixed consideration of stock and cash creates uncertainty about the final value
  • No guarantee the proposal will lead to a completed transaction

SANTA PAULA, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- (Nasdaq-GS: CVGW) (the “Company� or “Calavo�), a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today announced that it has received a non-binding, indicative proposal to acquire all of the outstanding shares of the Company for consideration nominally valued at $32.00 per share of the Company’s common stock, consisting of a combination of stock of the proposing party and cash. Among other conditions, the proposal is subject to due diligence and financing. The Company’s Board of Directors is reviewing this non-binding proposal in consultation with its legal and financial advisors. This non-binding proposal may or may not lead to a transaction, and the Company does not intend to comment or update further unless warranted.

About Calavo Growers, Inc.

Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in the processing and distribution of avocados, tomatoes, papayas and guacamole. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The Company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. Calavo is headquartered in Santa Paula, California, with facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh� at .

Investor Contact

Jeremy Apple

Senior Vice President

Financial Profiles, Inc.


310-622-8233


FAQ

What is the proposed acquisition price for Calavo Growers (CVGW)?

The proposed acquisition price is $32.00 per share, consisting of a combination of stock and cash.

Who made the acquisition offer for Calavo Growers?

The identity of the proposing party was not disclosed in the announcement.

Is the Calavo Growers acquisition proposal binding?

No, it is a non-binding, indicative proposal that is subject to due diligence and financing conditions.

What products does Calavo Growers (CVGW) distribute?

Calavo Growers sources, packs and distributes fresh avocados, tomatoes, papayas and processes guacamole and other avocado products.

What are the conditions for the Calavo Growers acquisition proposal?

The proposal is subject to multiple conditions, including due diligence and financing arrangements.
Calavo Growers

NASDAQ:CVGW

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CVGW Stock Data

491.24M
16.63M
6.6%
75.29%
3.44%
Food Distribution
Consumer Defensive
United States
SANTA PAULA