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Sorry Charlie, we don’t have any American-owned tuna


kscarbel2

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Currently:

- Thailand’s Thai Union Frozen Products owns Chicken of the Sea
- South Korea’s Dongwon owns StarKist
- UK private equity group Lion Capital owns Bumble Bee Foods

Bumble Bee Foods, foreign-owned since 2010

Chicken of the Sea, foreign-owned since 1997

StarKist, foreign-owned since 2008

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Nikkei / November 25, 2015

Thai Union is now willing to sell off its U.S. canned seafood brand Chicken of the Sea to please U.S. anti-trust regulators.

The move is contingent upon getting U.S. anti-trust authorities to approve its acquisition of Lion Capital-owned Bumble Bee Seafoods.

British-owned Bumble Bee is the second-largest canned seafood brand in the U.S., with a 25% market share.

Chicken of the Sea is the No. 3 player in the U.S. market with a 17% share.

The U.S. Department of Justice is to rule on whether Thai Union can acquire Bumble Bee on December 18, nearly a year after the deal was announced.

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Dolphins are the problem, If you are a U.S. supplier/fisherman the government will sue you out of business. Foreigners don't have to worry so much since compliance is voluntary. Google: dolphin safe tuna to read about it.

Easy fix - don't be a U.S. company

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