Prima Wawona decides to push back auction to Dec. 8

By Sarah Lizee

Olympia, Wash., Dec. 6 – MVK FarmCo LLC, which does business as Prima Wawona, has decided to adjourn its auction to Dec. 8 from Dec. 4, according to a notice filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, in connection with an agreement reached among the company’s lenders, Prima Wawona is proceeding with a transaction that will involve either the conversion of existing lender debt into equity ownership of the business or allow for a sale transaction to a third-party buyer.

The opening bid for the company’s collective assets was set at $275 million.

Prima Wawona is a Fresno, Calif.-based producer of stone fruit. The company filed bankruptcy on Oct. 13 under Chapter 11 case number 23-11721.

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