Sweet cakes maker
Founded in 1950. Balconi produce 5,000,000 sweet cakes per day in their factory in Italy.
Company Ownership
Balconi SpA
ITA
Valeo Foods Ltd
owns 100% of Balconi SpA
IRL
Consumer foods
Established in 2010. Acquired Balconi in 2015.
CapVest Ltd
owns 100% of Valeo Foods Ltd
UK
Private equity firm
Capvest bought the Findus frozen food brand from EQT in 2007. EQT bought Findus from Nestle in 2000.
Company Assessment
(Last updated Jan 2021)
Praise
Criticism
Information
Balconi SpA
No assessment data currently available for Balconi SpA.
Valeo Foods Ltd
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Criticism
Information
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business
(2021)
Corporate responsibility claims
This company has corporate responsibility claims on its website, including in the areas of environmental responsibility, and community engagement.
Source: company website
(2018)
CapVest Ltd
Praise
Criticism
Information
UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI
(2020)
Company Details
Type:
Wholly-owned subsidiary
Revenue:
133 million USD
(2010)
Contact Details
Products / Brands
Balconi
Balconi
Cakes