Mission Produce, Inc.

General Information
Business:

 

Founded in 1983, we are a world leader in sourcing, producing and distributing fresh avocados, serving retail, wholesale and foodservice customers in over 25 countries. Our operations consist of four packing facilities in the United States, Mexico and Peru, 11 distribution and ripening centers across the U.S., Canada, China and the Netherlands, as well as three sales offices in the U.S., China and the Netherlands. We own over 10,000 acres in Peru, of which over 8,300 acres are currently producing primarily avocados, and the remaining are greenfields that we intend to plant and harvest over the next few years. We believe we were the first U.S. company to import avocados from Mexico, Peru and Chile, and (we) were the first to incorporate ripening centers in to the distribution process.

 

 

 

Industry: FOOD & KINDRED PRODUCTS
Employees: 3700
Founded: 1983
Contact Information
Address 2500 E. Vineyard Avenue, Suite 300 Oxnard, California 93036
Phone Number (805) 981-3650
Web Address http://www.worldsfinestavocados.com
View Prospectus: Mission Produce, Inc.
Financial Information
Market Cap $1109.6mil
Revenues $1252.4 mil (last 12 months)
Net Income $58.3 mil (last 12 months)
IPO Profile
Symbol AVO
Exchange NASDAQ
Shares (millions): 9.4
Price range $15.00 - $17.00
Est. $ Volume $150.0 mil
Manager / Joint Managers BofA Securities/ JPMorgan/ Citigroup
CO-Managers Roth Capital Partners/ Stephens, Inc./ D.A. Davidson & Co.
Expected To Trade: 10/1/2020
Day: Thursday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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