Thai Union snaps up remaining interest in Chicken of the Sea

Thai Union (TU) has successfully completed the acquisition of the remaining 18 percent interest in Tri-Union Frozen Products (TUFP) – operating as Chicken of the Sea -- bringing its ownership to 100 percent.

The company acquired the remaining interest from Diversified Food Products (DFP), a California corporation owned by the senior executives of TUFP, on Sept. 30.

Prior to the acquisition, Thai Union held an 82 percent interest in TUFP through Thai Union International (TUNA) -- its wholly-owned subsidiary in the US -- while the remaining 18 percent interest was held by DFP.

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