Grupo Calvo

Spanish canned goods company

Luis Calvo Sanz, S.A.

Company type	Sociedad Anónima
Industry	Canned goods
Founded	Carballo, Galicia, Spain (1940)
Founder	Luis Calvo Sanz
Headquarters	Carballo , Spain
Area served	Nationwide
Key people	José Luis Calvo Pumpido (President) Manuel Calvo García-Benavides (Managing Director)
Revenue	€426.72 million (2009)
Net income	€15.7 million (2009)
Divisions	Calvo Conservas Calvo Envases
Subsidiaries	Calvo, Razo, Nostromo, Gomes da Costa, San Marco
Website	www.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] A few years after its reopening, in 2004 it had labor conflicts with part of the workforce, as it wanted to substantially reduce it.^[5] That same year, it suffered an armed attack that ended up setting fire to the Venezuelan facilities, causing considerable material damage.^[6]

In 2003, Calvo opened a facility in El Salvador, specifically, in Puerto La Unión.^[7] In 2006, Calvo expanded its canned fish facility in Gomes da Costa, Brazil.^[8] In November 2008, Calvo closed its cannery in Laayoune, Western Sahara.^[9] In 2008, Calvo had a net profit of two million euros.^[10] 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.^[11] In 2017, and for the first time, it began to distribute its products under the white label of the Día supermarket chain.^[12]

References

^ "General Information Archived 2008-12-24 at the Wayback Machine." Calvo. Retrieved on 11 November 2008.
^ "Los Calvo descartan vender el grupo y dan entrada a su tercera generación." ABC.es. 26 October 2006.
^ "Empresas Españolas en Venezuela". 7 April 2018. Archived from the original on 7 April 2018. Retrieved 27 April 2022.
^ "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.
^ Anzoátegui, Cmdo Maisanta (3 August 2004). "(Foto) Interpelarán a directivos de atunera de Guanta". Aporrea (in Spanish). Retrieved 23 August 2024.
^ "Un grupo armado asalta la fábrica de Calvo en Venezuela y la deja inoperativa". La Voz de Galicia (in Spanish). 15 July 2004. Retrieved 23 August 2024.
^ "Grupo Calvo.(Central America)(Brief Article)." Latin Trade. 1 December 2003.
^ "Brazil: Calvo expands capacity of Gomes da Costa." The America's Intelligence Wire. 20 September 2006.
^ "Major cannery divests in Western Sahara." Afrol News. 21 November 2008.
^ "Calvo comes out on top." Archived copy Fish Information and Services.
^ "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.
^ "Grupo Calvo hará atún de marca blanca por primera vez en 76 años". Vozpópuli (in Spanish). 9 March 2017. Retrieved 27 April 2022.