Bangkok-listed Thai Union Group is planning to expand its global operations, inking an agreement to acquire 45 percent of TUMD Luxembourg.
TUMD wholly owns three Russian companies: Dalpromryba Limited Liability Company; Torgovo-Promyshlenny Kompleks Dalpromryba Limited Liability Company; and Maguro Limited Liability Company. These companies are collectively known as the DPR Group (DPR).
DPR is a retail focused fish and seafood business, and it is Russia’s number one canned tuna producer.
Thai Union’s 45 percent shareholding of TUMD will be acquired with a combination of new and vendor shares for about $16 million (€13.4
