Thai Union Group on Monday announced it plans on acquiring a 51 percent stake in German canned seafood group Rügen Fisch.
Rügen Fisch is the market leader for shelf-stable canned seafood in Germany, supplying herring, mackerel, salmon and a range of other canned products. In addition, the company also processes and sells chilled fish as well.
In the company's brand stable are some of the most recognized in the German seafood category, including Hawesta, Ostsee Fisch and Lysell.
In addition, the company has a "significant' private label business.
The
