TUF looks to expand tuna empire abroad | Bangkok Post: business

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TUF looks to expand tuna empire abroad

African factories allow exports without tariffs

SET-listed Thai Union Frozen Products Plc (TUF), the world's largest canned tuna company, expects annual revenue to rise to US$8 billion by 2020 on continuous growth in global food demand.

Founder and chairman Kraisorn Chansiri says foreign acquisitions like Chicken of the Sea andMWBrands are best for TUF.

Chairman Kraisorn Chansiri said TUF predicts total revenue of $4 billion and $5 billion in 2013 and 2015, respectively.

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Writer: Nareerat Wiriyapong
Position: Business Reporter

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