Bumble Bee Foods

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USA: Bumble Bee Foods files for bankruptcy, strikes asset sale deal

November 22, 2019

Financial, Food, Mergers & Acquisitions, North America

Bumble Bee Foods, the US manufacturer of preserved fish and chicken products, has filed for bankruptcy and agreed a deal to sell its assets to Taiwanese seafood processor FCF, according to a Food Business News report. FCF will pay reportedly $925 million for Bumble Bee Foods’ assets. The declaration of bankruptcy will facilitate the sale and help Bumble Bee reduce its debt burden, the US company is quoted as saying. …

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Thailand: Thai Union Group to aquire Bumble Bee Foods

December 22, 2014

Asia Pacific, Food

Thai Union Group (TUF), the world’s largest processor of shelf-stable tuna products and the owner of major brands including John West and Chicken of the Sea, has announced that it has entered into a binding agreement to acquire 100% of the shares of North America’s largest branded shelf-stable seafood company Bumble Bee Foods. The acquisition of Bumble Bee Seafoods will allow TUF to improve operating efficiencies in the areas of raw …

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