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Middle East

John West ups margins amid volatile skipjack prices

Thai Union-owned UK brand ups margin and turnover with further plans to expand brand in Middle East, via JV with Savola Foods

By Tom Seaman | Oct. 7, 2015 10:05 BST
Thai Union searches for new GM for John West continental Europe, Nordics arm
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Cheng Niruttinanon, executive chairman of Thai Union and Bader Aujan, CEO of Savola Foods Company exchange a handshake after the joint venture agreement at Savola Foods’ headquarters in Jeddah, Saudi Arabia. Also attended were Joerg Ayrle, group CFO and Faisal Sheikh, director of group strategy of Thai Union.

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UK-based shelf stable seafood supplier John West Foods reported strong margin growth in 2014, a year in which skipjack tuna prices rose and then fell sharply [...]

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