Thai Union Group

Thai Union strikes another deal with Alibaba

13 Mar 2019

Thai Union Group has secured another agreement with retail giant Alibaba in China, a market the seafood giant says is key to its growth.

Thai Union's Chicken of the Sea settles major lawsuit

11 Jan 2019

Chicken of the Sea, the US seafood business owned by Thai Union Group, has settled an anti-trust lawsuit involving more than two dozen customers.

Thai Union Group to wind down UK unit Edinburgh Salmon Co.

29 Nov 2018

A UK-based firm owned by Thai Union Group will cease operations by the end of the year, it has revealed.

Thai Union Group mulls sale of UK arm Edinburgh Salmon Co.

28 Sep 2018

Thai Union Group is mulling a sale of its UK subsidiary the Edinburgh Salmon Company amid "heavy" losses and "highly challenging" market conditions.

Thai Union takes 25% stake in Thammachart Seafood Retail

25 Jun 2018

Thai Union Group has entered into an agreement to buy a 25.1% stake in Thammachart Seafood Retail Co., which provides management services for local seafood retailers, for THB37m (US$1.1m).

Earnings summary - Arca Continental's sales surge; Grupo Nutresa ahead on strong overseas sales; Profits sag at bread giant Bimbo; BRF books FY loss, back in red in Q4

23 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Thai Union, Actemsa to work with WWF on Brazil fish sourcing

3 Oct 2017

Thai Union Group and Brazilian seafood business Actemsa are to launch a fishery improvement project for the pole-and-line skipjack, yellowfin and bigeye tuna fishery in the southern and south-eastern coastal areas of the Latin American country.

Thai Union outs self as whistleblower in US tuna price-fixing case

11 Sep 2017

Thai Union Group, the Thailand-based seafood supplier, has confirmed it is the whistleblower in the US investigation into claims of price-fixing in the country's tuna sector.

Thai Union books H1 profit increase

7 Aug 2017

Thai Union Group, maker of the John West tuna brand, reported a 4.4% increase in first-half net profit driven by growth in sales, a reduction in income tax expenses, a rise in its Red Lobster investment and gains in foreign exchange.

Thai Union in new push on tuna sustainability

11 Jul 2017

Thai Union Group today (11 July) outlined a series of measures the company believes will lead to "more sustainable" and "socially-responsible" seafood.

Thai Union, Driscoll's strike Alibaba deal

22 Jun 2017

Seafood giant Thai Union Group and US berry grower Driscoll’s are to sell products on Alibaba's Tmall platform, pointing to demand in China for fresh food.

Thai Union Ghana site remains closed after explosion

21 Jun 2017

A Thai Union Group plant in Ghana remains closed amid an investigation into what caused a fatal explosion at the site.

Thai Union books mixed Q1 results in "challenging environment"

8 May 2017

Thai Union Group has booked an improvement in its bottom line in the first quarter of 2017 but the seafood group reported a slump in its operating profits and muted sales growth.

Thai Union net profit stable on cost control

21 Feb 2017

Seafood processor Thai Union said that it was able to maintain "stable" net profit in 2016 thanks to "stringent" cost controls that offset higher prices for salmon and tuna. 

Thai Union outlines plans for new China unit

9 Jan 2017

Thai Union Group is to establish a subsidiary in China to sell seafood in the country.

Thai Union must show "real change" on tuna sourcing, says Greenpeace

14 Dec 2016

Greenpeace has welcomed a new commitment to sustainable tuna sourcing by the Thai Union Group – but the campaigners called on the company to make "investments that amount to real change for oceans and workers".

Seafood giants sign up to new sustainability plan

14 Dec 2016

Eight of the world's major seafood companies have signed up to a ten-point ocean stewardship plan to try to boost traceability and crack down on illegal, unreported and unregulated fishing in their supply chains.

Thai Union makes sustainable tuna sourcing pledge

13 Dec 2016

Thai Union Group, the owner of seafood brands such as John West and Chicken of the Sea, has made a commitment to source 100% of its branded tuna from fisheries certified by the Marine Stewardship Council or taking part in programmes moving them towards MSC certification. 

Thai Union books Q3 profit fall despite "record" sales

7 Nov 2016

Thai Union Group today (7 November) booked lower third-quarter profits, with the seafood giant pointing to "volatile" raw-material prices.

Thai Union makes "strategic investment" in restaurant group Red Lobster 

11 Oct 2016

Thai Union Group has made a US$575m "strategic investment" in Red Lobster, a US-based seafood restaurant operator, as the seafood processing giant works to build its "direct-to-consumer" channel.

Thai Union buys remaining shares in US arm Tri-Union Frozen Products

4 Oct 2016

Seafood giant Thai Union Group has taken its stake in US subsidiary Tri-Union Frozen Products to 100% after buying out the unit's minority shareholder.

Thai Union's Chicken of the Sea launches "traceability" initiative

13 Sep 2016

Thai Union-owned Chicken of the Sea International has launched a "digital traceability initiative" that allows consumers to trace the source, processing location and fishing method of some of its US seafood brands.

Thai Union H1 sales up, profits down

8 Aug 2016

Seafood company Thai Union has booked increased first-half sales, boosted by its recent acquisition of German canned seafood processor Rugen Fisch and raw material prices for skipjack and salmon, but the company's profits fell year-on-year.

Thai Union hits back in US tuna sustainability row

4 Aug 2016

Thai Union-owned Chicken of the Sea has hit back at a campaign by Greenpeace to encourage retailers and foodservice companies in the US to stop selling brands of tuna produced by firms that refuse to "drop opposition to sustainability".

Thai Union quiet on possible Ecuador acquisition

3 Aug 2016

Thai Union Group has declined to comment on reports it is in talks to buy into Negocios Industriales Real, one of Ecuador's largest seafood processors.

Tesco drops John West products over sustainability concerns

26 Jul 2016

Some of John West's tuna products are being removed from Tesco stores in the UK after the company failed to meet the retailer's sustainability standards.

Thai Union sales lifted by M&A

9 May 2016

Thai Union Group reported mixed first quarter results as M&A lifted sales and gross profit but lower gains from currency exchange and challenges in the US weighed on the bottom line. 

Thai Union invests in new R&D plant

1 Apr 2016

Thai Union Group has signed a collaboration agreement with the Mahidol University's faculty of science for a new R&D facility.

Thai Union to take 40% stake in Indian shrimp processor Avanti Frozen Foods

17 Mar 2016

Indian seafood processor Avanti Feeds is to sell a 40% stake in its frozen foods unit to Thai Union Group.