US avocado marketer Calavo has said it is to buy Anaheim-based produce distributor Maui Fresh International for US$4.5m in stock.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Calavo said it expects the transaction, which is the first acquisition by Calavo since it changed from a growers’ cooperative to a public company last year, to be completed in early November.


Maui Fresh, which posted sales of around $20m last year, is to be operated as a subsidiary of Calavo. Maui Fresh sells tropical and exotic fruits and hothouse-grown produce, as well as more conventional fruits and vegetables.


Calavo chief executive Lee Cole said the acquisition was the first step towards Calavo becoming a diversified produce distributor, reported the Los Angeles Times.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now