USA: Bumble Bee Foods files for bankruptcy, strikes asset sale deal
Bumble Bee Foods, the US manufacturer of preserved fish and chicken products, has filed for bankruptcy and agreed a deal to sell its assets to Taiwanese seafood processor FCF, according to a Food Business News report. FCF will pay reportedly $925 million for Bumble Bee Foods’ assets. The declaration of bankruptcy will facilitate the sale […]
Thailand: Thai Union Group to aquire Bumble Bee Foods
Thai Union Group (TUF), the world’s largest processor of shelf-stable tuna products and the owner of major brands including John West and Chicken of the Sea, has announced that it has entered into a binding agreement to acquire 100% of the shares of North America’s largest branded shelf-stable seafood company Bumble Bee Foods. The acquisition of […]