THAI Union Group PCL

SET:TU

Business Description

Sector

Consumer Staples

Industry

Food Products

Headquarters

Thailand TH

Employees

12 529

IPO date

Nov 22, 1994

Thai Union Group PCL is a global seafood company. It catches, processes, packages, and sells seafood products such as canned tuna, frozen shrimp, salmon, and ready-to-eat meals. Its brands and private-label products are sold to grocery chains, foodservice customers, and consumers in many countries, with supermarkets and restaurants among its main buyers.

The company makes money by selling seafood products under its own brands and by supplying retailers and food companies that want packaged seafood under their store brands. It sits in the middle of the seafood supply chain: it buys raw fish and shrimp, processes them in its factories, and turns them into shelf-stable, frozen, or chilled products that are easier for customers to store and sell.

What makes Thai Union different is its mix of branded consumer products and large-scale food supply business. That gives it both direct consumer exposure and steady demand from business customers. Its role is not to farm seafood itself, but to source, process, package, and distribute seafood efficiently on a global basis.