Thai Union Scoops Remaining Shares of Germany-based Rügen Fisch
The Thai Union Group announced it has required the remaining 49% of shares in German-based firm Rügen Fisch. Back in 2016, Thai Union acquired the majority shares of the company 51%) and has decided to take full control with its latest move.
The firm is headquartered in north-eastern Germany, generating an excess of €140 million in revenue. Thai Union described the company as “the country's shelf-stable seafood leader.” Across its sites in Lithuania and Germany, Rügen employs over 680 staff members...
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