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Calavo plans $200M capital raise to prep for acquisitions

By   /   Friday, April 13th, 2012  /   Comments Off on Calavo plans $200M capital raise to prep for acquisitions

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[wikichart align="right" ticker="NASDAQ:CVGW" showannotations="true" livequote="true" startdate="12-10-2011" enddate="12-04-2012" width="300" height="245"] Calavo Growers is cooking up plans for another acquisition after its successful purchase of a prepared foods business last year. The Santa Paula-based avocado marketer filed a regulatory filing on April 6 announcing that it plans to raise up to $200  million in fresh capital by selling…

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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr