Umios Invests in Thai Seafood Company Pataya Food Industries
Japanese seafood company Umios has acquired a 25.1% stake in Thailand's Pataya Food Industries (PFI), expanding its presence in Southeast Asia’s processed food and pet-food markets. PFI, established in 1979, produces branded seafood products such as Nautilus tuna snacks and canned fish under brands like Mongkut Talay and Sea Crown, along with dried fish skins under Titan. It also offers pet foods through the Regalos and Remy brands. The investment is being made via Umios' subsidiary Kingfisher Holdings. The deal aims to enhance Umios’ portfolio of processed food products while expanding its sales channels in Asia. This follows a similar acquisition earlier this year when Umios took control of Malaysia-based Pet World International, signaling continued strategic growth in the region. Umios is rebranding from Maruha Nichiro and has previously acquired Seafood Connection in the Netherlands to strengthen global operations.
Topics: investment partnerships seafood industry Southeast Asia expansion