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Spain’s Calvo aims to consolidate via M&A amid tough economic landscape

Mane Calvo, CEO of Spanish tuna processor Calvo Group, aims to expand the group through M&A in markets where it already operates

By Matilde Mereghetti | Sept. 28, 2023 09:52 BST
Spanish tuna supplier Calvo Group's CEO Mane Calvo. Credit: Calvo Group.
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In 2023, rising raw material prices and dwindling consumption driven by inflation have been squeezing profits in the tuna processing industry, as in other seafood sectors [...]

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