Growers breathe sigh of relief as Mexican avocado imports resume
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With Mexican avocado imports suspended, California growers must step up
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Calavo shares down amid turnover and uncertainty
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It’s “Mission accomplished” for avocado distributor’s IPO
Mission Produce is going on the offensive in the booming global avocado market, with $75 million in new capital from its Oct. 1 initial public offering. The Oxnard-based global avocado packer and distributor went public at $12 per share, a step down from its initial target of $15-$17 per share. The deal netted $75 million Read More →
Dubroff: Mission Produce IPO holds lessons for industry, region
UPDATE: Mission Produce began trading on the Nasdaq at 12:16 p.m. on Oct. 1. Follow the stock here. The window for initial public stock offerings rarely opens as wide as it has in the fall of 2020. That’s remarkable given the COVID-19 pandemic, the election campaign and governments racking up debt like crazy. But after Read More →
Mission Produce could join three-comma club with $1B-plus IPO
Mission Produce put a $1.18 billion price tag on its avocado operation, announcing in a Sept. 23 Securities and Exchange Commission filing that it plans to raise around $106 million in its initial public offering. The Oxnard-based avocado distributor said it plans to offer some 6.25 million shares of common stock for $15-$17 per share. Read More →
Heat threatens to roast region’s crops
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