American Riviera Bank expands again, opens Ventura lending center
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Procore makes buy to quicken AI integration
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Mission’s $430M buy was best deal for Calavo
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Teledyne shares pop 10% after strong year-end earnings
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Business leaders remain optimistic despite possible economic headwinds
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Mission Produce buying Calavo for $430M
Two publicly traded Ventura County agribusinesses will be combining operations after Oxnard-based Mission Produce announced it is purchasing Santa Paula-based Calavo Growers in a cash-and-stock transaction worth $430 million. Under the terms of the deal announced Jan. 14, Mission agreed to pay Calavo stockholders $27 per share, comprised of $14.85 in cash and 0.9790 shares Read More →
Teledyne acquires UK’s DD-Scientific Holdings Limited
Thousand Oaks-based Teledyne Technologies, the tech and defense conglomerate, announced Jan. 14 the acquisition of DD-Scientific Holdings Limited and its subsidiary DD-Scientific Limited. DD-Scientific, founded in 2011 and headquartered in Fareham, United Kingdom, develops and manufactures high-performance gas sensors for critical applications in industries that demand absolute accuracy. Terms of the transaction were not disclosed. Read More →
