Thai firm buys John West tuna owner

- Last updated on GMT

Related tags: H. j. heinz company

Thai Union Frozen Products is to become the world’s largest seafood firm with the acquisition of MW Brands, owner of John West canned tuna, for US$884m.

TUF already owns the Chicken of the Sea canned tuna brand. Buying France-based MW will open up new opportunities in Europe – and boost its processing capacity to 500,000 tonnes a year.

MW was formerly part of HJ Heinz Co and is being sold by Trilantic Capital Partners, the former private-equity arm of Lehman Brothers, which bought MW in 2006.

Related topics: Business

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