Mitsubishi to acquire a 20% stake in Thai Union.

Mitsubishi, a global integrated business enterprise, agreed to acquire a 20% stake in Thai Union, a seafood producer. Financial terms were not disclosed. “In line with changes in the global trade environment, our strategic transformation is delivering tangible value. We have become a more agile and efficient organization. This focus on strengthening our core operations allowed us to achieve a significant lift in our gross profit margin, proving that we are building a fundamentally stronger company for the future,” Thiraphong Chansiri, Thai Union CEO.