{"id":859769,"date":"2025-06-11T18:04:54","date_gmt":"2025-06-11T22:04:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/calavo-growers-inc-announces-receipt-of-unsolicited-proposal\/"},"modified":"2025-06-11T18:04:54","modified_gmt":"2025-06-11T22:04:54","slug":"calavo-growers-inc-announces-receipt-of-unsolicited-proposal","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/calavo-growers-inc-announces-receipt-of-unsolicited-proposal\/","title":{"rendered":"Calavo Growers, Inc. Announces Receipt of Unsolicited Proposal"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">SANTA PAULA, Calif., June  11, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Vq2buR8dqFLGPJzbGQ-8vsW_z6L3cvWP14sUK_OyPFJC3bZyos6zEfFlDqeA28ZnTgayCibaIN7Y9uNoKAkN-Hk8lY29Zx5tGyLnGgy4m9wcBPAUt0CuXoy5X0wX5ipKEkvh16nzKwWMjG9Lk2lz3ySMVvSGpOPT4hGSf1I0_HZlYmsL5cdvZSxY_zYPW2GgaFWnD_nyidN0_u9hfZKu9cPf8fVHRnmUcpEMgvePKB_9wq2u1ExT5DCJZPXmb861cj-BcV2vxyK7MzGwPnWOyA==\" rel=\"nofollow\" target=\"_blank\"><strong><u>Calavo<\/u><\/strong><strong><u>Growers,<\/u><\/strong><strong><u>Inc.<\/u><\/strong><\/a><strong>(Nasdaq-GS:<\/strong><strong>CVGW)<\/strong>\u00a0(the \u201cCompany\u201d or \u201cCalavo\u201d), 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\u2019s 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\u2019s 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.<\/p>\n<p>\n        <strong>About<\/strong><br \/>\n        <strong>Calavo<\/strong><br \/>\n        <strong>Growers,<\/strong><br \/>\n        <strong>Inc.<\/strong>\n      <\/p>\n<p>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 <em>The Family of Fresh\u2122 <\/em>at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k4oDaF-j3U7umUO9fVT-NzbquTC9xtyJfKgFdhXQtfYU3IVam2_SxRasDWjW0z5TLA8vIPEhGlYbwScIm-lsog==\" rel=\"nofollow\" target=\"_blank\">calavo.com<\/a>.<\/p>\n<p>\n        <strong>Investor<\/strong><br \/>\n        <strong>Contact<\/strong>\n      <\/p>\n<p>Jeremy Apple<\/p>\n<p>Senior Vice President<\/p>\n<p>Financial Profiles, Inc.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k4oDaF-j3U7umUO9fVT-Nzny_cqAMyKIQdSNqyPLYV2pf4aQfjUYz0IPd5hJ4ro_XqC0adipfS410N7S7_LjtepafZT9JjnY_jqOZrmb_gc=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <u>calavo@finprofiles.com<\/u><br \/>\n        <\/a><br \/>\n        <br \/>310-622-8233<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzQzNCM2OTg3NjA0IzIxODY0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NjViNmMxNjEtNmQ4My00YjQ2LWJjYjktZDA0ZDM4YWVmYzhmLTExOTc5ODAtMjAyNS0wNi0xMS1lbg==\/tiny\/Calavo-Growers-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SANTA PAULA, Calif., June 11, 2025 (GLOBE NEWSWIRE) &#8212; CalavoGrowers,Inc.(Nasdaq-GS:CVGW)\u00a0(the \u201cCompany\u201d or \u201cCalavo\u201d), 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\u2019s 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\u2019s 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, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/calavo-growers-inc-announces-receipt-of-unsolicited-proposal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Calavo Growers, Inc. Announces Receipt of Unsolicited Proposal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-859769","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Calavo Growers, Inc. 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