Grupo Calvo

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]

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

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]