Mission Produce just received antitrust clearance from Mexico's Federal Economic Competition Commission for its pending acquisition of Calavo Growers, marking a significant milestone in closing one of the biggest deals in fresh produce in years. Mexico is the dominant supplier of avocados to North America, so getting regulatory sign-off there is a critical step. The deal still needs to clear any remaining conditions before it's officially done.
If completed, the combined company would be a dominant force in North American avocado sourcing, ripening, and distribution — with deep infrastructure on both sides of the border. For buyers, this consolidation means fewer large-scale avocado suppliers to negotiate with and potentially different dynamics on pricing and availability.
Watch for further regulatory updates and what the combined entity's commercial strategy looks like once integration begins. This will reshape avocado category management conversations for retailers and foodservice operators alike.