Thai Union seeks to exit investment in US restaurant chain Red Lobster

The company has been a strategic partner and minority investor in Red Lobster since 2016.

Thai Union acquired a 25 percent stake in Red Lobster, the world's largest seafood restaurant chain with over 700 locations, in 2016 for $575 million (€589 million). — Thai Union acquired a 25 percent stake in Red Lobster, the world's largest seafood restaurant chain with over 700 locations, in 2016 for $575 million (€589 million).Photo: Red Lobster

Dominic Welling

Thai Union Red Lobster Investments Thailand United States

Published 16 January 2024, 11:27Updated 16 January 2024, 15:13