US tuna supplier Tri Marine sold to Bolton Group
Bolton Group, the Italy-based FMCG business, has reached an agreement with fellow tuna supplier Tri Marine of the US to acquire the remainder of the company. Milan-based Bolton has held a “significant” minority interest in the Tri Marine global business since 2013 and will now take 100% ownership, according to a statement, with both parties agreeing not to disclose the terms of a deal that was first mooted in April. Privately-held Tri Marine, which is engaged in the fishing, processing and distributing of tuna, will retain its name, while chief executive Renato Curto will continue to fulfil his role during a transition period. >click to read< 17:45
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