IN BRIEF: TU Invests In Feed Business

07 August 2018

Thai Union (TU) disclosed to the Stock Exchange that it has invested in the shrimp and fish feed business through two separate transactions. TU acquired a 51 percent stake in TMAC Co., a shrimp feed distributor from its subsidiary Thai Union Feedmill Co. (TFM). In a separate transaction, TFM acquired 65 percent stake in PT Thai Union Kharisma Lestari, an Indonesia-based manufacturer and distributor of fish and shrimp feed.

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