Thai Union Group PCL - Company Profile

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Thai Union Group PCL: Overview

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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, salmon, sardines, oysters, clams, mackerel, 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, convenience stores, pharmacies restaurants, hotels, 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.

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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 13,030
Industry Consumer Packaged Goods
Ticker Symbol & Exchange TU (BAK)
Revenue (2022) $3.9B -12.5% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -295.2% (2022 vs 2021)
Market Cap* $1.8B
Net Profit Margin (2022) XYZ -322.9% (2022 vs 2021)
* As of and is in US$
View Thai Union Group PCL financials
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Thai Union Group PCL premium industry data and analytics

190+

Consumer Market Data Insights

Gain insights from product sales across markets, product categories and channels. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies.

110+

Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

3

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Thai Union Group PCL (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Thai Union Group PCL’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Shrimp Seafood Counter Services International Brands:
Tuna Food Services John West
Sardine and Mackerel Petit Navire
XYZ XYZ
XYZ XYZ
XYZ XYZ
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Thai Union Group PCL Maruha Nichiro 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-Shi Hat Yai
State/Province - Tokyo Tokyo Shizuoka -
No. of Employees 13,030 12,843 2,112 692 2,883
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Thiraphong Chansiri Vice Chairman; Chief Executive Officer; President Executive Board 1990 58
Ludovic Garnier Chief Financial Officer Senior Management 2021 45
Kirati Assakul Chairman Non Executive Board 2010 65
Rittirong Boonmechote President - Global Frozen and Related Business; Director Executive Board 1988 61
Paul Reenan Regional President- Thai Union Europe Senior Management 2010 57
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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