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Thai Union invests $90m in food ingredients giant

The company has put THB 3bn into buying a 10% stake in R&B Food Supply, in a move designed to accelerate growth opportunities in the adjacent food ingredients industry

By Undercurrent News | Sept. 20, 2021 10:25 BST
Thiraphong Chansiri, CEO, Thai Union Group
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A Red Lobster restaurant in New York, US. Red Lobster is owned by Thai Union Group. Credit: pisaphotography/Shutterstock.com

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Thai Union Group has announced a 10% strategic investment valued at about THB 3 billion ($89.9 million) in R&B Food Supply, a food ingredients company specializing in flavors, colors and coating. [...]

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