Toward The month of january. 29, Taiwan-situated Fong Chun Formosa Fishery Providers (FCF), one of several finest three in the world tuna dealers, purchased U.S. canned-tuna brand name Bumble-bee Ingredients to have $928 mil.

Bumble bee, a good 120-year-old team one retains good 22% display of the You.S.is why bookshelf-steady fish market, stated bankruptcy proceeding late last year immediately after pleading responsible to rate-repairing close to a few almost every other processed-tuna giants, StarKist and Chicken of one’s Ocean.

Bumble bee becomes the skipjack tuna (Katsuwonus pelamis) out of purse seiners, and therefore enclose every seafood during the a location in a giant net which is taken tight above and you can bottom

The acquisition have a tendency to significantly improve business’s economic clout, and will also give it a general public face from revenue away from Bumble bee items.