Thailand’s second largest canned tuna producer is aiming to develop small brands in emerging markets, its vice president Amornphan Aramwattananont told IntraFish.
Most of the world’s leading canned tuna brands already belong to either major canned tuna producers such as Thai Union Frozen Products and Dongwon Industries, or private equity firms, he said.
So it would be hard for Sea Value to acquire big brands at a good deal, just to gain market share, he said.
“It would also be a huge financial burden on the company,” said Aramwattananont.
“It
