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Thai Union
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PTT Global Chemical, Thai Union Partner on Sustainable Packaging
Nov 8, 2017PTT Global Chemical (PTTGC) has partnered with seafood producer Thai Union Group to jointly research and develop packaging and packaging materials for sustainable business practices. The partnership will cater to the food industry by ...
Tags: Sustainable Packaging, Packaging
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Philippines's Century Pacific to Buy Group of Chinese Food Distributors
Jan 6, 2017Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
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Thai Union to Invest $90m on Sustainable Tuna Initiatives
Dec 15, 2016Seafood giant Thai Union Group has announced to invest $90m to increase the supply of sustainable tuna, as part of its new tuna strategy. The company has made a commitment to ensure that 100% of its branded tuna is sustainably sourced and ...
Tags: Seafood, Thai Union Group
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Major Australian Supermarkets Thai Union Supplier Shrimp Linked to Human Rights Abuses
Dec 21, 2015Australian supermarkets giants have confirmed they source seafood from a company implicated in the usage of indentured slave labourers for prawn peeling. Coles, Woolworths and Aldi supermarkets have each confirmed that they have sourced ...
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Thai Union Frozen Products Considers Stake Sale in Chicken of The Sea
Aug 21, 2015Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...
Tags: Frozen Products, Chicken
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Thai Union Frozen Products Plans to Acquire Bumble Bee Seafoods for $380m
Jul 21, 2015Thai Union Frozen Products (TUF) is planning to raise close to $380m, which will fund its planned acquisition of Bumble Bee Seafoods. TUF will offer up to 795.3 million new shares to its existing shareholders at $0.4685 each, Reuters ...
Tags: food, Bumble Bee Seafoods
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TUF Has Agreed to Acquire Bumble Bee Seafoods
Dec 22, 2014Thai Union Frozen Products (TUF) has agreed to acquire Bumble Bee Seafoods from pan-Atlantic private equity firm Lion Capital for $1.51bn. An agreement to acquire 100% of the shares of Bumble Bee Foods has been reached by TUF. Bumble ...
Tags: Seafoods, Agriculture
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Thai Union Frozen Products Opened First Global Innovation Incubator
Dec 19, 2014Thai Union Frozen Products, along with the Faculty of Science, Mahidol University, opened its first Global Innovation Incubator (GII) for Thai Union group. The move forms a part of the company's strategy to grow its business and develop ...
Tags: Frozen Products, Seafood
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Seafood Giant Thai Union Frozen Products Has Recorded an Increase in First-Half Profits
Dec 13, 2012Seafood giant Thai Union Frozen Products has recorded an increase in first-half profits. Earnings in the six-month period to the end of June amounted to BHT2.47bn (US$78.5m), a 10% increase on the prior-year period, despite a hike in raw ...
Tags: seafood giant, Thai Union, increase, first-half profits, earnings
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The Tuna Cannery Worthing $37.6m Will Be Established in Papua New Guinea
Dec 5, 2012Majestic Seafoods, the joint venture between Frabelle Fishing, Century Canning and Thailand's Thai Union, is set to establish $37.6m tuna cannery in Papua New Guinea. The 200-ton capacity canning plant will initially create 2,000 new ...