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Grupo Calvo

Company Profile Analysis

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Grupo Calvo - Food & Beverages showcase

Year Founded & Workforce

1940

5,078 Employees

Industry

Food & Beverages

Services

Canned Tuna (Calvo)Canned Tuna (Nostromo)Canned Tuna (Gomes da Costa)
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Grupo Calvo Overview

Company Headquarters: Spain

Founded: 1940

Workforce: ~ 5,078

Company Working: Grupo Calvo is a Spanish company that is one of the leading producers of canned tuna and other seafood products in the world. Grupo Calvo produces a wide range of seafood products, including canned tuna, sardines, mackerel, and anchovies, as well as fresh and frozen fish, ready-to-eat meals, and pet food. Its products are sold in over 70 countries around the world, with the company's largest markets being Spain, Italy, the United States, and Portugal. The company sources its tuna from fisheries that are certified by the Marine Stewardship Council (MSC) and has also established a "Friends of the Sea" program to promote sustainable fishing practices. In addition, the company has invested in renewable energy and waste reduction initiatives to minimize its environmental impact.

Strategy

Grupo Calvo is committed to providing high-quality canned tuna that meets customer expectations. To achieve this, the company sources its tuna from certified fisheries and uses advanced processing techniques to maintain the fish's freshness and flavor. The company has introduced new packaging technologies that make its canned tuna products more convenient and easy to use. For example, the Easy Flip (Vuelca Fácil) packaging is designed to make it easier for consumers to open and use canned tuna, while the Easy Open (Anilla) packaging is designed for easy opening without the need for a can opener. While canned tuna remains the company's core product, Grupo Calvo has expanded its product line to include other seafood products, such as sardines, mackerel, and ready-to-eat meals. This diversification helps the company mitigate risks and cater to different customer preferences.

Company Snapshot

$653.89M

Revenue

5,078

Employees

1940

Founded

Spain

Headquarters

SWOT Analysis

Strengths

  • Strong market position
  • Diverse product line
  • Commitment to sustainability

Weaknesses

  • Dependence on canned tuna
  • company's largest markets are concentrated in Europe and the Americas

Opportunities

  • Growing demand for sustainable and healthy products
  • emerging markets in Asia and Africa

Threats

  • Competition
  • Environmental and regulatory risks

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Key Developments

DateApproachDevelopment
January 2022Product LaunchGruppo Calvo’s Italian canned fish brand Nostromo has introduced new packaging featuring Real Peel technology. The 'Apri gira facile' tuna can comes without an inner rim so the tuna can be tipped directly onto the plate without the help of a fork, eliminating waste of product.
February 2021Product Launch & InvestmentGrupo Calvo has responded to the increasing consumer preference for simplicity, healthy choices, and sustainability by introducing a novel method of producing, presenting, and consuming canned tuna. The company invested €30 million in creating the Easy Flip (Vuelca Fácil) packaging, which is the result of restructuring the manufacturing process at its Carballo plant near Coruña.

Product Offering

  • Grupo Calvo
    • Canned Tuna (Calvo)
    • Canned Tuna (Nostromo)
    • Canned Tuna (Gomes da Costa)

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 653.9 Mn in 2019 to USD 628.9 Mn in 2021.
Grupo Calvo — By Business Segment
Series (USD Mn)201920202021
Sales653.9709.8628.9

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