Thai Union cleared to buy MW Brands
Source: Release Date:2010-11-17 325
LEADING tuna processor Thai Union Frozen PLC (TUF) has received clearance received from the UK's Office of Fair Trading on its €680 million ($942.8 million) acquisition of MW Brands Holdings SAS, whose brands include John West Tuna, Petit Navire, Hyacinthe Parmentier and Mareblue. LEADING tuna processor Thai Union Frozen PLC (TUF) has received clearance received from the UK's Office of Fair Trading on its €680 million ($942.8 million) acquisition of MW Brands Holdings SAS, whose brands include John West Tuna, Petit Navire, Hyacinthe Parmentier and Mareblue. facilities, and will double its fishing fleet from four to nine vessels. The purchase of MW Brands will boost TUF's European sales to more than one-third of its total from 11% currently. Around half of the company's sales are in the US, where its canned "Chicken of the Sea" tuna brand is predominantly sold, followed by Europe and Japan.Nike Air Max 2017
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