Here's something you might be interested in.
Ask a Hipster — Advice you didn't know you needed
Big Screen — Movie commentary
Blurt — Music's inside track
Booze News — San Diego spirits
Classical Music — Immortal beauty
Classifieds — Free and easy
Cover Stories — Front-page features
Drinks All Around — Bartenders' drink recipes
Excerpts — Literary and spiritual excerpts
Feast! — Food & drink reviews
Feature Stories — Local news & stories
Fishing Report — What’s getting hooked from ship and shore
From the Archives — Spotlight on the past
Golden Dreams — Talk of the town
The Gonzo Report — Making the musical scene, or at least reporting from it
Letters — Our inbox
Movies@Home — Local movie buffs share favorites
Movie Reviews — Our critics' picks and pans
Musician Interviews — Up close with local artists
Neighborhood News from Stringers — Hyperlocal news
News Ticker — News & politics
Obermeyer — San Diego politics illustrated
Outdoors — Weekly changes in flora and fauna
Overheard in San Diego — Eavesdropping illustrated
Poetry — The old and the new
Reader Travel — Travel section built by travelers
Reading — The hunt for intellectuals
Roam-O-Rama — SoCal's best hiking/biking trails
San Diego Beer — Inside San Diego suds
SD on the QT — Almost factual news
Sheep and Goats — Places of worship
Special Issues — The best of
Street Style — San Diego streets have style
Surf Diego — Real stories from those braving the waves
Theater — On stage in San Diego this week
Tin Fork — Silver spoon alternative
Under the Radar — Matt Potter's undercover work
Unforgettable — Long-ago San Diego
Unreal Estate — San Diego's priciest pads
Your Week — Daily event picks
Turning tale of the tuna
Trying to predict what’s next for San Diego–based Bumble Bee Tuna in the turbulent waters of international commerce is tough, as evidenced by a company history presented by Andrew F. Smith in his 2012 history of the once all-American industry, American Tuna: The Rise and Fall of an Improbable Food.
Writes Smith, “In 1950, Bumble Bee was acquired by Castle & Cook, a prominent Hawaii-based food company. Ten years later, the company launched Bumble Bee Seafoods as a wholly owned subsidiary. In 1977 Bumble Bee acquired a tuna cannery in Puerto Rico and a fishing operation in Ecuador. Beginning in the 1980s, Bumble Bee went through a series of ownership changes, including its purchase by Pillsbury, which sold it to Unicord, based in Bangkok, Thailand. In 1997 it was sold to International Home Foods, Inc. In 2000, Bumble Bee was acquired by the American multinational ConAgra, but three years later it was sold to Connors Bros., a Canadian firm. In 2008 Centre Partners, an American private equity firm, acquired Bumble Bee Foods. Three years later, Centre Partners sold it for an estimated $980 million to Lion Capital LLP, a British private equity firm.”
Now Lion has sold the business to Thai Union Frozen Products for $1.5 billion, reportedly more than quadrupling its highly leveraged investment in the venture, according to Reuters.
Here's something you might be interested in.
Turning tale of the tuna
Turning tale of the tuna
Trying to predict what’s next for San Diego–based Bumble Bee Tuna in the turbulent waters of international commerce is tough, as evidenced by a company history presented by Andrew F. Smith in his 2012 history of the once all-American industry, American Tuna: The Rise and Fall of an Improbable Food.
Writes Smith, “In 1950, Bumble Bee was acquired by Castle & Cook, a prominent Hawaii-based food company. Ten years later, the company launched Bumble Bee Seafoods as a wholly owned subsidiary. In 1977 Bumble Bee acquired a tuna cannery in Puerto Rico and a fishing operation in Ecuador. Beginning in the 1980s, Bumble Bee went through a series of ownership changes, including its purchase by Pillsbury, which sold it to Unicord, based in Bangkok, Thailand. In 1997 it was sold to International Home Foods, Inc. In 2000, Bumble Bee was acquired by the American multinational ConAgra, but three years later it was sold to Connors Bros., a Canadian firm. In 2008 Centre Partners, an American private equity firm, acquired Bumble Bee Foods. Three years later, Centre Partners sold it for an estimated $980 million to Lion Capital LLP, a British private equity firm.”
Now Lion has sold the business to Thai Union Frozen Products for $1.5 billion, reportedly more than quadrupling its highly leveraged investment in the venture, according to Reuters.
Comments