In a stock market update, the board of directors of TUF, Thailand's major processor and exporter of canned and frozen seafood with sales of THB 68.9 billion (€1.6 billion/$2.4 billion), stated the company has acquired 100 percent of MW Brands from Trilantic Capital Partners.
The acquisition of Paris-based MW Brands -- one of Europe’s leaders in tuna and other ambient seafood products through brands John West, Petit Navire, Hyacinthe Parmentier and Mareblu -- gives TUF market leading market positions in France, the United Kingdom, Ireland and the Netherlands and Italy.
