Tuna supply chains under scrutiny as Bumble Bee brand modifications arms

Tuna supply chains under scrutiny as Bumble Bee brand modifications arms

On Jan. 31, Taiwan-based Fong Chun Formosa Fishery Company (FCF), one of several top three international tuna traders, purchased U.S. canned-tuna brand Bumble Bee Foods for $928 million.

Bumble Bee, a business that is 120-year-old holds a 22% share associated with the U.S.’s shelf-stable seafood market, declared bankruptcy later a year ago after pleading accountable to price-fixing alongside two other canned-tuna giants, StarKist and Chicken of this Sea. Read More