Thai Union Group PCL - Company Profile
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Thai Union Group PCL (TUG) is a processor and exporter of frozen, canned seafood and other related products. The company's main activities include the production and distribution of seafood products, including shelf-stable, chilled, and frozen foods. Its major products include tuna, clams, mackerel, salmon, sardines, oysters, frozen shrimp, and refrigerated and canned crab, and ready-to-eat products. TUG markets its products under the Chicken of the Sea, John West, Mareblu, Petit Navire, Parmentier, Sealect, Fisho and Rugen Fisch brand names. It sells products to supermarket chains, pharmacies, restaurants, hotels, convenience stores, and food catering units through retail channels and wholesalers. The company has business presence across Europe, Asia-Pacific, the Middle East, Africa, and North America. TUF is headquartered in Samut Sakorn, Thailand.
Headquarters
Thailand
Address
72/1 Mu 7, Setthakit 1 Road, Thasai, Muangsamutsakhon, Samut Sakhon, 74000
Website
www.thaiunion.com
Telephone
66 34 816500
No of Employees
12,529
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
TU (BAK)
Revenue (2024)
$4.0B
-4.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-7.5%
(2024 vs 2023)
Market Cap*
$1.5B
Net Profit Margin (2024)
XYZ
-3.6%
(2024 vs 2023)
* As of and is in US$
Thai Union Group PCL premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Shrimp | Seafood Counter Services | International Brands: |
| Tuna | Food Services | Chicken of the Sea |
| Sardine and Mackerel | Genova | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 0 | In October 2016, the company made a $575 million strategic investment in Red Lobster, a seafood restaurant company. In the same month, Thai Union Europe, the company's subsidiary, signed a memorandum of understanding to launch a fishery improvement project for the Indian Ocean with the Republic of Seychelles, Republic of Mauritius, World Wildlife Fund (WWF); and industry represented by Princes Limited, purse seine fleets and their associations. | |
| 0 | Thai Union acquired a 40% equity stake of Avanti Feeds Limited’s wholly owned shrimp processing unit Avanti Frozen Foods Private Limited India, in March 2016. | |
| 0 | In February 2016, the company acquired a 51% stake in Rugen Fisch. |
Competitor Comparison
| Key Parameters | Thai Union Group PCL | Umios Corp | Kyokuyo Co Ltd | Hagoromo Foods Corp | Tropical Canning (Thailand) Public Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Thailand | Japan | Japan | Japan | Thailand |
| City | Samut Sakhon | Koto-Ku | Minato-Ku | Shizuoka | Hat Yai |
| State/Province | Samut Sakhon | Tokyo | Tokyo | Shizuoka | Songkhla |
| No. of Employees | 12,529 | 12,454 | 2,476 | 677 | 2,954 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kirati Assakul | Chairman; Director | Executive Board | 2010 | 67 |
| Ludovic Garnier | Chief Financial Officer | Senior Management | 2012 | 47 |
| Adam Brennan | Chief sustainability and Communication Officer | Senior Management | 2021 | 39 |
| Helen Snowball | Chief Human Resources Officer | Senior Management | 2026 | - |
| Thiraphong Chansiri | President; Chief Executive Officer | Senior Management | 1990 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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