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Thai Union Group PCL (TUG) formerly known as Thai Union Frozen Products Public Company Ltd is a processor, manufacturer, distributor and exporter of frozen and canned seafood and other related products. It offers tuna, salmon, sardine, mackerel, bakery products, ready-to-eat products, shrimp, cephalopod and pet food. TUG markets its products under the brand names of Chicken of the sea, John West, Mareblu, Petit Navire, Hyacinthe Parmentier, Sealect, Fisho and Bellotta. The company operates production facilities in the US, Norway, France, Portugal, the UK, Ghana, Seychelles, China, Thailand, Poland, Vietna, and countries in Europe and Africa. It has business presence across Europe, Asia-Pacific, the Middle East, Africa, Oceania and North and South America. TUF is headquartered in Samutsakorn, Thailand.

Headquarters Thailand

Address 72/1 Mu 7, Setthakit 1 Road, Thasai, Muangsamutsakhon, Samut Sakhon, 74000


Telephone 66 34 816500

No of Employees 1,680

Industry Consumer Packaged Goods

Ticker Symbol & Exchange TU (BAK)

Revenue (2021) $4.4B 6.5% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 28.3% (2021 vs 2020)

Market Cap* $2.3B

Net Profit Margin (2021) XXX 20.3% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products Brands
Tuna International Brands:
Shrimp John West
Saloman Petit Navire
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XXX XXX
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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.
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Competitor Comparison

Key Parameters Thai Union Group PCL Kyokuyo Co Ltd Hagoromo Foods Corp Tropical Canning (Thailand) Public Co Ltd Dalian Tianbao Green Foods Co., Ltd.
Headquarters Thailand Japan Japan Thailand China
City Samut Sakhon Minato-Ku Shizuoka-Shi Hat Yai Dalian
State/Province - Tokyo Shizuoka - Liaoning
No. of Employees 1,680 2,208 714 2,695 1,368
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Thiraphong Chansiri Chairman; President; Chief Executive Officer; Director Executive Board 2022 -
Shue Chung Chan Director; Chief Corporate Officer Executive Board 2001 46
Ludovic Garnier Chief Financial Officer Senior Management 2021 43
Rittirong Boonmechote Director; President - Global Frozen and Related Units Executive Board 1988 60
Cheng Niruttinanon Director Executive Board 1999 80
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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