M&A Deal Summary

Calavo Acquires Simply Fresh Fruit

On January 21, 2020, Calavo acquired food company Simply Fresh Fruit

Acquisition Highlights
  • This is Calavo’s 4th transaction in the Food sector.
  • This is Calavo’s 5th transaction in the United States.
  • This is Calavo’s 4th transaction in California.

M&A Deal Summary
Date 2020-01-21
Target Simply Fresh Fruit
Sector Food
Buyer(s) Calavo
Deal Type Add-on Acquisition

Target

Simply Fresh Fruit

Vernon, California, United States
Simply Fresh Fruit (SFFI) is a processor and supplier of a broad line of fresh-cut fruit, principally serving the foodservice and hospitality markets that generated more than $30 million in annual sales in its most recent fiscal year. Simply Fresh Fruit (SFFI) was founded in 1999 and based in Vernon, California.

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Buyer(S) 1

Buyer

Calavo

Santa Paula, California, United States
Category Company
Founded 1924
Sector Food
Employees3,064
Revenue 971M USD (2023)
DESCRIPTION

Calavo procures, prepares, markets, and distributes avocados and other perishable foods and the preparation and distribution of processed avocado products. Through its two operating facilities in Southern California and two facilities in Mexico, Calavo sorts and packs avocados procured in California and Mexico and prepares processed avocado products. Calavo was incorporated in 1924 and is based in Santa Paula, California.

DEAL STATS #
Overall 5 of 5
Sector (Food) 4 of 4
Type (Add-on Acquisition) 5 of 5
State (California) 4 of 4
Country (United States) 5 of 5
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-26 Renaissance Food Group

Rancho Cordova, California, United States

Renaissance Food Group LLC is a fresh-food company that produces, markets and distributes nationally a portfolio of healthy, high-quality lifestyle products.

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