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Grupo Calvo

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Luis Calvo Sanz, S.A.
Company typeSociedad Anónima
IndustryCanned goods
FoundedCarballo, Galicia, Spain (1940)
FounderLuis Calvo Sanz
Headquarters
Carballo
,
Spain
Area served
Nationwide
Key people
José Luis Calvo Pumpido (President)
Manuel Calvo García-Benavides (Managing Director)
Revenue426.72 million (2009)
Increase 15.7 million (2009)
DivisionsCalvo Conservas
Calvo Envases
SubsidiariesCalvo, Razo, Nostromo, Gomes da Costa, San Marco
Websitewww.calvo.es

The Calvo Group is a backward vertically integrated group of companies dedicated to fishing, processing and distribution of canned goods. The group is centred on Luis Calvo Sanz, S.A., a company established in 1940 in Carballo.[1][2]

Grupo Calvo operated in the town of Guanta, Venezuela under the name "Atuneras del Oriente" (ATORSA) and, later, as Industrias Calvo Conservas de Venezuela S.A.[3] Between 1991 and 2001, they had to temporarily close due to lack of tuna.[4]

In 2003, Calvo opened a facility in El Salvador, specifically, in Puerto La Unión.[5] In 2006, Calvo expanded its canned fish facility in Gomes da Costa, Brazil.[6] In November 2008, Calvo closed its cannery in Laayoune, Western Sahara.[7] In 2008, Calvo had a net profit of two million euros.[8] Since 2017, the power of the company is 77.8% in the hands of the Calvo family and 22.2% in the hands of the Italian giant Bolton Group, who paid a total of 70 million to take over the shares they previously had.[9] In 2017, and for the first time, it began to distribute its products under the white label of the Día supermarket chain.[10]

References

  1. ^ "General Information Archived 2008-12-24 at the Wayback Machine." Calvo. Retrieved on 11 November 2008.
  2. ^ "Los Calvo descartan vender el grupo y dan entrada a su tercera generación." ABC.es. 26 October 2006.
  3. ^ "Empresas Españolas en Venezuela". 7 April 2018. Archived from the original on 7 April 2018. Retrieved 27 April 2022.
  4. ^ "Un grupo armado asalta la fábrica de Calvo en Venezuela y la deja inoperativa". La Voz de Galicia (in Spanish). 15 July 2004. Retrieved 27 April 2022.
  5. ^ "Grupo Calvo.(Central America)(Brief Article)." Latin Trade. 1 December 2003.
  6. ^ "Brazil: Calvo expands capacity of Gomes da Costa." The America's Intelligence Wire. 20 September 2006.
  7. ^ "Major cannery divests in Western Sahara." Afrol News. 21 November 2008.
  8. ^ "Calvo comes out on top." Archived copy Fish Information and Services.
  9. ^ "Bolton paga 70 millones por el 22 % de las acciones de Calvo". La Voz de Galicia (in Spanish). 21 April 2012. Retrieved 27 April 2022.
  10. ^ "Grupo Calvo hará atún de marca blanca por primera vez en 76 años". Vozpópuli (in Spanish). 9 March 2017. Retrieved 27 April 2022.