Mission Produce to close three distribution facilities in post-Calavo consolidation

• Mission Produce will close three distribution facilities as it restructures operations following its Calavo acquisition completed May 28, 2026.
• Network changes include consolidating Swedesboro, New Jersey operations into one site, combining Dallas-area sites into Garland, Texas.
• Calavo’s Jacksonville, Florida facility will shut, with workforce reductions tied to closures and California consolidation.
• Expected charges include USD 1.4 million in severance, USD 8.6 million in accelerated depreciation, USD 5.4 million in asset retirement obligations.
• Lease termination costs were not estimated, with total restructuring costs not yet quantifiable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mission Produce Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-393058), on September 16, 2026, and is solely responsible for the information contained therein.