BANGKOK -- Having grown stupendously, albeit mostly unbeknownst to consumers, as a processor of canned tuna, Thai Union Frozen Products is continuing efforts to become a purveyor of name-brand fish in its own right.
The world's biggest producer of canned tuna said Friday that it will acquire Bumble Bee Foods, the top seller of canned seafood in North America by market share, for $1.5 billion. That makes its third acquisition this year, which saw it net European distributors of smoked salmon and canned sardines.
