Thai Union Group announced Tuesday it will acquire a majority stake in Canadian lobster processor Les Pecheries de Chez Nous (Chez Nous) .
Thai Union, owner of brands such as Chicken of the Sea, John West and King Oscar, will take a majority stake in the business while Francois “Frankie” Benoit, the existing owner and CEO, will retain a minority share.
Chez Nous recorded sales of approximately CAD 50 million (€34.7 million/$38.7 million) in 2015.
Based in New Brunswick, Canada, the company has direct relationships with fishermen in both Canada and Maine in the northeastern United States, a processing facility strategically located on the Gulf of St.
