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1 MIN READ

Thailand: Thai Union to invest in cell-based seafood company BlueNalu

January 26, 2021
-
Asia Pacific, Food, Mergers & Acquisitions

Thai Union Group, a world-leading seafood company, has announced an investment in BlueNalu, a cell-based seafood start-up.

Founded in 2018, BlueNalu has developed what is claimed to be an innovative way to produce fish products directly from the cells of fish, in which the taste, texture and nutritional value of the products do not vary in the process.

“Thai Union is an industry leader in innovation and sustainability, and cell-based seafood perfectly aligns with both of these goals”, said Thiraphong Chansiri, President and CEO of Thai Union. “BlueNalu and its experienced team is at the forefront of cell-based seafood technology, with strong process capabilities to scale-up seafood in a sustainable manner. We are excited to work with them and look forward to exploring collaboration opportunities”.

Lou Cooperhouse, BlueNalu’s co-founder, president and CEO said: “Thai Union’s investment in BlueNalu represents an investment in the future of food and their commitment to innovation. We look forward to exploring various ways in which we will complement Thai Union’s position as one of the largest seafood operators globally”.

Source: Thai Union 

Tags
BlueNalu
Thai Union
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