Bumble Bee Foods
A second executive at US seafood group Bumble Bee Foods, Kenneth Worsham, has agreed to plead guilty for his role in a conspiracy to fix the prices of packaged seafood sold in the country, the US Department of Justice (DOJ) said yesterday (21 December).
The senior vice-president of sales at US seafood group Bumble Bee Foods, Walter Scott Cameron, has agreed to plead guilty for his role in a conspiracy to fix the prices of packaged seafood sold in the country.
Bumble Bee Foods has reached a supply agreement with Pacifical, the marketing arm established by the eight countries who have signed up to the Parties to the Nauru Agreement (PNA) in the Western Central Pacific Ocean, to source Marine Stewardship Council-certified tuna.
Thai Union Group's planned acquisition of US seafood canner Bumble Bee Foods has been terminated with the company believing it will be unlikely to get regulatory clearance for the deal.
US-based seafood group Bumble Bee Foods is to look again at plans to build a processing facility on the Pacific island of Samoa.
Thai Union Frozen Products has struck a deal to buy US canned seafood supplier Bumble Bee Foods from private-equity firm Lion Capital for US$1.51bn.
Japanese conglomerate Mitsubishi Corp. has declined to comment on speculation it has joined the race for the takeover for US canned tuna giant Bumble Bee Foods.
US food group Post Holdings and tuna giant Thai Union Frozen have reportedly both indicated their interest in buying US canned seafood group Bumble Bee Foods.
Private-equity group Lion Capital is reportedly setting out plans to run an auction for US-based canned seafood processor Bumble Bee Foods.
US seafood company Bumble Bee Foods has teamed up partnership with French tuna catcher and processor Sapmer for distribution of frozen "sashimi-quality" tuna across North America.
US seafood firm Bumble Bee Foods has been sold for US$980m, it has been revealed, after its owner said yesterday (15 December) that the deal, first announced last month, had been completed.
Funds advised by the private equity group Lion Capital are to acquire the operating companies of Bumble Bee Foods, a portfolio company of Centre Partners Management LLC.
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