Mission Produce files for IPO

Avocado company Mission Produce Inc., Oxnard, Calif., has filed for an initial public offering, with plans to use the symbol “AVO” on the NASDAQ.

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(Courtesy Mission Produce)

Avocado company Mission Produce Inc., Oxnard, Calif., has filed for an initial public offering, with plans to use the symbol “AVO” on the NASDAQ.

The company filed a registration statement with the Securities and Exchange Commission on Sept. 4, according to a news release. The number of shares and price range for the proposed offering haven’t been determined, according to the company.

Mission has customers in more than 25 countries, with four avocado packing facilities in the U.S., Mexico and Peru and 11 distribution and ripening centers in the U.S., Canada, China and the Netherlands, according to the release. Mission has sales offices in the U.S., China and the Netherlands.

BofA Securities, J.P. Morgan and Citigroup are underwriting the deal, with Roth Capital Partners, Stephens Inc. and D.A. Davidson & Co. are acting as co-manager for the public offering, according to the release.

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