Mexican approval clears path for Mission Produce (NASDAQ: AVO) merger with Calavo

Mexican approval clears path for Mission Produce (NASDAQ: AVO) merger with Calavo

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What did Mission Produce (AVO) announce about its merger with Calavo?

When do Mission Produce and Calavo expect their merger to close?

What regulatory approval did the Mission Produce–Calavo merger receive in Mexico?

What SEC documents relate to the Mission Produce and Calavo merger?

Where can investors find more information about the Mission Produce–Calavo transaction?

What risks do Mission Produce and Calavo highlight regarding the proposed merger?

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8-K

Mission Produce, Inc. filed a report describing a key step in its pending acquisition of Calavo Growers, Inc. The companies have obtained antitrust clearance from Mexico’s Federal Economic Competition Commission, satisfying the Mexican approval condition in their merger agreement. With this clearance in place, they currently expect the merger to close on May 28, 2026, subject to the continued satisfaction of all remaining closing conditions.

The filing also notes that a registration statement on Form S-4, including a joint proxy statement and prospectus for Mission Produce and Calavo shareholders, has become effective, and that definitive materials were mailed on or about March 25, 2026. Investors are directed to review these SEC filings for detailed information and are reminded that statements about the anticipated closing and expected synergies are forward-looking and subject to numerous risks and uncertainties.

Mexican antitrust clearance removes a major regulatory hurdle, but closing still depends on remaining conditions and execution.

The disclosure explains that COFECE, Mexico’s antitrust authority, has cleared Mission Produce’s pending acquisition of Calavo. This satisfies the specific Mexican competition-approval condition embedded in the merger agreement, meaning one of the more uncertain regulatory steps is now complete.

The companies now target a May 28, 2026 closing, contingent on all other conditions being met. The forward-looking statement section highlights risks that could still disrupt or delay completion and integration, including potential termination events, integration challenges, synergy realization, customer reactions, and broader macro and supply-chain risks affecting the combined fresh-produce business.

The filing references an effective Form S-4 Registration Statement and Joint Proxy Statement/Prospectus, which contain the detailed terms of the deal. Future investor focus will likely center on whether the transaction closes on or around May 28, 2026 and how integration and cost savings progress relative to the risk factors outlined.

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Mexican antitrust approval date: May 22, 2026 Expected merger closing date: May 28, 2026 Form S-4 file number: 333-294128 +1 more

4 metrics

Mexican antitrust approval date May 22, 2026 COFECE clearance for Mission Produce’s acquisition of Calavo

Expected merger closing date May 28, 2026 Targeted completion date, subject to remaining closing conditions

Form S-4 file number 333-294128 Registration Statement for Mission Produce–Calavo merger

Joint Proxy mailing date March 25, 2026 Definitive Joint Proxy Statement/Prospectus mailed on or about this date

antitrust clearance, Federal Economic Competition Commission, Registration Statement on Form S-4, Joint Proxy Statement/Prospectus, +1 more

5 terms

antitrust clearance regulatory

"announcing that antitrust clearance has been obtained from Mexico’s Federal Economic Competition Commission"

Antitrust clearance is approval from government competition authorities that a proposed merger, acquisition or business practice won’t substantially reduce competition in a market. It matters to investors because clearance determines whether a deal can proceed as planned, may be delayed, require changes, or be blocked — like needing a permit before combining two neighboring yards — and therefore affects expected value, timing and risk for shareholders.

Federal Economic Competition Commission regulatory

"obtained antitrust clearance from Mexico’s Federal Economic Competition Commission (Comisión Federal de Competencia Económica, or “COFECE”)"

A federal economic competition commission is a national government agency that enforces rules to keep markets fair, like a referee who prevents firms from fixing prices, forming monopolies, or merging in ways that would squash rivals. For investors it matters because the commission can block or force changes to mergers and business practices, issue fines, or change market conditions, all of which can affect a company’s growth prospects, valuation and risk.

Registration Statement on Form S-4 regulatory

"Mission Produce filed with the SEC a registration statement on Form S-4 (File Number 333-294128)"

A registration statement on Form S-4 is a formal filing with the U.S. Securities and Exchange Commission used when a company issues shares or other securities as part of a merger, acquisition, exchange offer or similar corporate deal. It bundles the transaction terms, financial statements, risk factors and shareholder vote materials so investors can assess the deal; think of it as a detailed prospectus or buyer’s packet that explains what you would own and how the deal could change your stake.

Joint Proxy Statement/Prospectus financial

"that includes the joint proxy statement of Mission Produce and Calavo and that constitutes a prospectus of Mission Produce (the “Joint Proxy Statement/Prospectus”)"

A joint proxy statement/prospectus is a single, combined document that both asks shareholders to vote on a proposed transaction and provides the detailed information required when new securities are being offered. Think of it as a combined ballot and product brochure that explains the deal, the companies’ finances, key risks and how ownership will change. Investors rely on it to understand the terms, evaluate risks and make informed voting and investment decisions.

Private Securities Litigation Reform Act of 1995 regulatory

"forward-looking statements that, within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995"

Understanding 8-K Material Events →

05/22/2026 - 05:12 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 22, 2026

MISSION PRODUCE, INC.

(Exact name of registrant as specified in its charter)


Delaware	001-39561	95-3847744
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)


2710 Camino Del Sol
Oxnard, CA		93030
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (805) 981-3650

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☒	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.001 par value	AVO	NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01.

Other Events.

On May 22, 2026, Mission Produce, Inc. (“Mission Produce”) and Calavo Growers, Inc. (“Calavo”) issued a joint press release announcing that antitrust clearance has been obtained from Mexico’s Federal Economic Competition Commission (Comisión Federal de Competencia Económica, or “COFECE”) for the previously announced pending acquisition of Calavo by Mission Produce (the “Mergers”), and that, subject to continued satisfaction of all conditions, Mission Produce and Calavo currently expect that the Mergers will be consummated on May 28, 2026.

The foregoing description is qualified in its entirety by reference to the joint press release issued by Mission Produce and Calavo, dated May 22, 2026, a copy of which is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Important Information About the Mergers and Where to Find It

In connection with the Mergers, Mission Produce filed with the SEC a registration statement on Form S-4 (File Number 333-294128) (the “Registration Statement”) that includes the joint proxy statement of Mission Produce and Calavo and that constitutes a prospectus of Mission Produce (the “Joint Proxy Statement/Prospectus”), which has become effective. Each of Calavo and Mission Produce may also file with or furnish other relevant documents to the Securities Exchange Commission (“SEC”) regarding the Mergers. This document is not a substitute for the Joint Proxy Statement/Prospectus or Registration Statement or any other document that Mission Produce and Calavo may file with the SEC. The definitive Joint Proxy Statement/Prospectus was mailed to stockholders of Mission Produce and shareholders of Calavo on or about March 25, 2026.

INVESTORS AND SECURITY HOLDERS OF MISSION PRODUCE AND CALAVO ARE URGED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE MERGERS OR INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), BECAUSE THEY CONTAIN IMPORTANT INFORMATION REGARDING MISSION PRODUCE, CALAVO, THE MERGERS AND RELATED MATTERS.

Investors and security holders are able to obtain free copies of the Registration Statement and Joint Proxy Statement/Prospectus (if and when available) and other documents containing important information about Mission Produce, Calavo and the proposed transaction through the website maintained by the SEC at http://www.sec.gov. Copies of the Registration Statement and Joint Proxy Statement/Prospectus (if and when available) and other documents filed with the SEC by Mission Produce may be obtained free of charge on Mission Produce’s website at www.investors.missionproduce.com/financial-information/sec-filings or, alternatively, by directing a request by mail to Mission Produce’s Corporate Secretary at Attention: Corporate Secretary, Mission Produce, 2710 Camino Del Sol, Oxnard, CA 93030. Copies of the Registration Statement and Joint Proxy Statement/Prospectus (if and when available) and other documents filed with the SEC by Calavo may be obtained free of charge on Calavo’s website at www.ir.calavo.com/financial-information/sec-filings or, alternatively, by directing a request by mail to Calavo’s Corporate Secretary at Attention: Corporate Secretary, Calavo Growers, Inc., 1141A Cummings Road, Santa Paula, CA 93060.

Participants in the Solicitation

Mission Produce, Calavo, and their respective directors and executive officers may be deemed to be participants in any solicitation of proxies in connection with the proposed transaction. Information about Mission Produce’s directors and executive officers is available in Mission Produce’s annual report on Form 10-K for the year ended October 31, 2025, and proxy statement for Mission Produce’s 2026 Annual Meeting of Stockholders, which was filed with the SEC on February 24, 2026. Information about Calavo’s directors and executive officers is available in Calavo’s Annual Report on Form 10-K for the year ended October 31, 2025, as amended. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the Registration Statement and Joint Proxy Statement/Prospectus, and all other relevant materials filed or to be filed with the SEC regarding the proposed transaction when such materials become available. Investors should read the Registration Statement and Joint Proxy Statement/Prospectus carefully before making any voting or investment decisions.

No Offer or Solicitation

This Current Report on Form 8-K is not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Cautionary Statement Regarding Forward-Looking Statements

Statements in this Current Report on Form 8-K that are not historical in nature are forward-looking statements that, within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, involve known and unknown risks and uncertainties. Words such as “may”, “will”, “expect”, “intend”, “plan”, “believe”, “seek”, “could”, “estimate”, “judgment”, “targeting”, “should”, “anticipate”, “goal” and variations of these words and similar expressions, are also intended to identify forward-looking statements. The forward-looking statements in this Current Report on Form 8-K address a variety of subjects, including the anticipated closing of the Mergers. Many of these assumptions relate to matters that are beyond the control of Mission Produce and Calavo and are changing rapidly. Although Mission Produce believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, Mission Produce can give no assurances that such expectations will be attained. Readers are cautioned that actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including: the risk that an event, change or other circumstance could give rise to the termination of the Mergers; the risk that a condition to closing of the Mergers may not be satisfied; the risk of delays in completing the Mergers; the risk that the businesses will not be integrated successfully or that the integration will be more costly or difficult than expected; the risk that the cost savings and any other synergies from the Mergers may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Mergers could have adverse effects on the market price of Mission Produce’s or Calavo’s common stock; the risk of litigation related to the Mergers; the risk that the credit ratings of the combined company or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Mergers; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Mergers; adverse economic conditions; reductions in spending from Mission Produce or Calavo clients, a slowdown in payments by such clients; risks related to each company’s ability to attract new clients and retain existing clients; the risk that the credit ratings of the combined company or its subsidiaries may be different from what the companies expect; risks associated with doing business internationally, including Mexican and Peruvian economic, political and/or societal conditions; inflationary pressures; establishment of sales channels and geographic markets; loss of one or more of Mission Produce’s or Calavo’s largest customers; general economic conditions or downturns; supply chain failures or disruptions; disruption to the supply of reliable and cost-effective transportation; failure to recruit or retain employees, poor employee relations, and/or ineffective organizational structure; inherent farming risks, including climate change; seasonality in operating results; failures associated with information technology infrastructure, system security and cyber risks; new and changing privacy laws and compliance with such laws; food safety events and recalls; failure to comply with laws and regulations; changes to trade policy and/or export/import laws and regulations; risks from business acquisitions, if any; lack of or failure of infrastructure; material litigation or governmental inquiries/actions; changes in tax rates or international tax legislation; risks associated with global conflicts; inability to accurately forecast future performance; the viability of an active, liquid, and orderly market for Mission Produce’s common stock; volatility in the trading price of Mission Produce’s common stock; and other risks and factors discussed from time to time in Mission Produce’s Annual and Quarterly Reports on Forms 10-K and 10-Q and in its other filings with the SEC. You can obtain copies of Mission Produce’s SEC filings on the SEC’s website at www.sec.gov. The forward-looking statements contained in this Current Report on Form 8-K are made as of the date hereof and Mission Produce does not intend to, nor does Mission Produce assume any obligation to, update or supplement any forward-looking statements after the date hereof to reflect actual results or future events or circumstances.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.		Description

99.1		Joint Press Release dated May 22, 2026.

104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit 99.1

Mission Produce and Calavo Growers Merger Obtains Mexican Antitrust Approval

Merger Closing Expected to Occur May 28, 2026, Subject to Satisfaction of Closing Conditions

For Immediate Release

OXNARD, Calif., May 22, 2026 – Mission Produce, Inc. (NASDAQ: AVO) (“Mission Produce”) and Calavo Growers, Inc. (NASDAQ: CVGW) (“Calavo”), today announced, in connection with Mission Produce’s pending acquisition of Calavo, that Mission Produce has obtained antitrust clearance from Mexico’s Federal Economic Competition Commission (Comisión Federal de Competencia Económica, or “COFECE”). This clearance satisfies the acquisition’s closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approval in Mexico. As such, subject to the continued satisfaction of all closing conditions, Mission Produce and Calavo currently expect that the transaction will close on May 28, 2026.

About Mission Produce, Inc.

Mission Produce (NASDAQ: AVO) is a global leader in the worldwide fresh produce business, delivering fresh Hass avocados and mangos to retail, wholesale and foodservice customers in over 25 countries. Since 1983, Mission Produce has been sourcing, producing and distributing fresh Hass avocados, and today also markets mangos and grows blueberries as part of its diversified portfolio. The Company is vertically integrated and owns five state-of-the-art packing facilities across the U.S., Mexico, Peru, and Guatemala. With sourcing capabilities across 20+ premium growing regions, the Company provides a year-round supply of premium fresh fruit. Mission’s global distribution network includes strategically positioned forward distribution centers across key markets throughout North America, China, Europe, and the UK, offering value-added services such as ripening, bagging, custom packing and logistical management. For more information, please visit www.missionproduce.com.

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 calavo.com.

No Offer or Solicitation

This press release is not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Important Information About the Proposed Transaction and Where to Find It

In connection with the proposed transaction, Mission Produce filed with the SEC a registration statement on Form S-4 (File Number 333-294128) (the “Registration Statement”) that includes the joint proxy statement of Calavo and Mission Produce and that constitutes a prospectus of Mission Produce (the “Joint Proxy Statement/Prospectus”), which has become effective. Each of Calavo and Mission Produce may also file with or furnish other relevant documents to the Securities Exchange Commission (“SEC”) regarding the proposed transaction. This document is not a substitute for the Joint Proxy Statement/Prospectus or Registration Statement or any other document that Calavo or Mission Produce may file with the SEC. The definitive Joint Proxy Statement/Prospectus was mailed to stockholders of Mission Produce and shareholders of Calavo on or about March 25, 2026.

INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT CALAVO, MISSION PRODUCE AND THE PROPOSED TRANSACTION.

Investors and security holders are able to obtain free copies of the registration statement and Joint Proxy Statement/Prospectus and other documents containing important information about Calavo, Mission Produce and the proposed transaction through the website maintained by the SEC at http://www.sec.gov. Copies of the Registration Statement and Joint Proxy Statement/Prospectus and other documents filed with the SEC by Mission Produce may be obtained free of charge on Mission Produce’s website at www.investors.missionproduce.com/financial-information/sec-filings or, alternatively, by directing a request by mail to Mission Produce’s Corporate Secretary at Attention: Corporate Secretary, Mission Produce, 2710 Camino Del Sol, Oxnard, CA 93030. Copies of the Registration Statement and Joint Proxy Statement/Prospectus and other documents filed with the SEC by Calavo may be obtained free of charge on Calavo’s website at www.ir.calavo.com/financial-information/sec-filings or, alternatively, by directing a request by mail to Calavo’s Corporate Secretary at Attention: Corporate Secretary, Calavo Growers, Inc., 1141A Cummings Road, Santa Paula, CA 93060.

Participants in the Solicitation

Cautionary Statement Regarding Forward-Looking Statements

Statements in this press release that are not historical in nature are forward-looking statements that, within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, involve known and unknown risks and uncertainties. Words such as “may”, “will”, “expect”, “intend”, “plan”, “believe”, “seek”, “could”, “estimate”, “judgment”,

“targeting”, “should”, “anticipate”, “goal” and variations of these words and similar expressions, are also intended to identify forward-looking statements. The forward-looking statements in this press release address a variety of subjects, including the anticipated closing of the proposed acquisition of Calavo by Mission Produce. Many of these assumptions relate to matters that are beyond the control of Mission Produce and Calavo and changing rapidly. Although Mission Produce and Calavo each believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, neither Mission Produce nor Calavo can give any assurances that such expectations will be attained. Readers are cautioned that actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including: the risk that an event, change or other circumstance could give rise to the termination of the proposed transaction; the risk that a condition to closing of the proposed transaction may not be satisfied; the risk of delays in completing the proposed transaction; the risk that the businesses will not be integrated successfully or that the integration will be more costly or difficult than expected; the risk that the cost savings and any other synergies from the proposed transaction may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the proposed transaction could have adverse effects on the market price of Mission Produce’s or Calavo’s common stock; the risk of litigation related to the proposed transaction; the risk that the credit ratings of the combined company or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the proposed transaction; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction; adverse economic conditions; reductions in spending from Mission Produce or Calavo clients, a slowdown in payments by such clients; risks related to each company’s ability to attract new clients and retain existing clients; the risk that the credit ratings of the combined company or its subsidiaries may be different from what the companies expect; risks associated with doing business internationally, including Mexican and Peruvian economic, political and/or societal conditions; inflationary pressures; establishment of sales channels and geographic markets; loss of one or more of Mission Produce’s or Calavo’s largest customers; general economic conditions or downturns; supply chain failures or disruptions; disruption to the supply of reliable and cost-effective transportation; failure to recruit or retain employees, poor employee relations, and/or ineffective organizational structure; inherent farming risks, including climate change; seasonality in operating results; failures associated with information technology infrastructure, system security and cyber risks; new and changing privacy laws and compliance with such laws; food safety events and recalls; failure to comply with laws and regulations; changes to trade policy and/or export/import laws and regulations; risks from business acquisitions, if any; lack of or failure of infrastructure; material litigation or governmental inquiries/actions; changes in tax rates or international tax legislation; risks associated with global conflicts; inability to accurately forecast future performance; the viability of an active, liquid, and orderly market for Mission Produce’s or Calavo’s common stock; volatility in the trading price of Mission Produce’s or Calavo’s common stock; and other risks and factors discussed from time to time in Mission Produce’s and Calavo’s Annual and Quarterly Reports on Forms 10-K and 10-Q and in their respective other filings with the SEC. You can obtain copies of Mission Produce’s and Calavo’s SEC filings on the SEC’s website at www.sec.gov. The forward-looking statements contained in this press release are made as of the date hereof and neither Mission Produce nor Calavo intend to, nor does Mission Produce nor Calavo assume any obligation to, update or supplement any forward-looking statements after the date hereof to reflect actual results or future events or circumstances.

Contacts

Mission Produce

Media

Jenna Aguilera

Marketing Content and Communications Manager

Mission Produce, Inc.

press@missionproduce.com

FGS Global

missionproduce@fgsglobal.com

Investors

ICR

Jeff Sonnek

646-277-1263

jeff.sonnek@icrinc.com

Calavo Growers

Media

Kelly McAndrew

Financial Profiles

Kmcandrew@finprofiles.com

203-613-1552

Investors

Alex Villalta

Financial Profiles

avillalta@finprofiles.com

310-622-8227

Source: View Original Filing on SEC EDGAR

Mission Produce announced it has obtained Mexican antitrust clearance from COFECE for its pending acquisition of Calavo. This approval satisfies the merger agreement’s Mexican regulatory condition and supports expectations that the transaction can close, subject to remaining closing conditions, on or around May 28, 2026.

Mission Produce and Calavo currently expect their merger to close on May 28, 2026, assuming all remaining closing conditions are satisfied. The Mexican antitrust clearance disclosed in the filing is one key condition, but the companies note various other regulatory and business risks that could affect timing.

The merger received antitrust clearance from Mexico’s Federal Economic Competition Commission, known as COFECE. This decision satisfies the specific closing condition in the merger agreement requiring Mexican competition approval and removes a significant jurisdictional hurdle for completing the cross-border fresh-produce combination.

Mission Produce filed a Registration Statement on Form S-4, File Number 333-294128, which includes a Joint Proxy Statement/Prospectus. This document provides detailed information about Mission Produce, Calavo, and the merger terms and was mailed to shareholders on or about March 25, 2026.

Investors can obtain the Registration Statement and Joint Proxy Statement/Prospectus free on the SEC’s website at sec.gov. Copies are also available through Mission Produce’s and Calavo’s investor relations websites or by written request to each company’s Corporate Secretary at their listed corporate addresses.

They list many risks, including potential termination events, failure to satisfy closing conditions, integration difficulties, delayed or unrealized cost savings, litigation, adverse stock price reactions, supply-chain disruptions, economic conditions, farming risks, regulatory changes, and volatility in the trading prices of their common stock.

4 documents

EX-99.1 EX-99.1 18.6 KB

MISSION PRODUCE, INC.

Date: May 22, 2026

/s/ John Pawlowski

John Pawlowski

President and Chief Executive Officer