Mission Produce to Acquire Calavo Growers in $430 Million Cash-and-Stock Deal

Fresh Del Monte Acquires Majority Stake in Avolio

March 26, 2025

Food & Beverage

Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a Uganda-based producer and supplier of bulk crude and edible avocado oil, to expand its specialty ingredients and biomass business. The deal will allow Fresh Del Monte to scale Avolio's extraction technology (planned to process 140 metric tons of avocados per day), advance sustainability and circular-economy initiatives, and drive growth into higher-margin specialty ingredient markets.

365 Retail Markets to Acquire Cantaloupe in All-Cash Deal

June 16, 2025

Cloud & SaaS

Cantaloupe, Inc. (NASDAQ: CTLP) entered into a definitive agreement to be acquired by 365 Retail Markets, LLC in an all-cash transaction with an equity value of approximately $848 million. Under the terms of the deal, Cantaloupe shareholders will receive $11.20 per share in cash, and the transaction is expected to close in the second half of 2025, subject to customary conditions.

GrowGeneration Acquires The Harvest Company

May 25, 2021

Retail

GrowGeneration Corp. acquired The Harvest Company, a Northern California hydroponic supply center with stores in Redding and Trinity County, to expand its footprint in the Emerald Triangle cannabis market. The Harvest Company's 16 employees joined GrowGeneration and founder Robert Masterson will remain in an advisory role.

Caldic Acquires Avatar Corporation

September 1, 2022

Food & Beverage

Caldic B.V. has acquired Avatar Corporation, a specialty food-ingredients distributor and custom-formulation manufacturer based in University Park, Illinois. The deal expands Caldic's North American food-industry portfolio and manufacturing capabilities — including custom liquid blends, R&D and onsite rail transloading — to better serve US customers.

Worldwide Produce Acquires Valley Food Services

June 15, 2022

Food & Beverage

Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Valley Food Services, a fresh produce and dairy distributor serving the Coachella Valley. The add-on expands Worldwide Produce's presence in the Coachella Valley and complements its West Coast distribution network; terms were not disclosed.

Sprouts Farmers Market Acquires Two Licensed Stores in Chula Vista, California

March 20, 2023

Retail

Sprouts Farmers Market, Inc. acquired two independently owned, licensed Sprouts stores in Chula Vista, California, bringing the locations under company control. The move gives Sprouts full control of the brand at those locations and supports expansion in the San Diego/Southern California market.