Umios Corporation

Japanese seafood group Umios, formerly Maruha Nichiro, has acquired a 25.1% minority stake in Thailand's Pataya Food Industries. The transaction is being carried out through Umios group company Kingfisher Holdings, and Umios did not disclose the purchase price for the interest. Bangkok-based Pataya Food Industries, founded in 1979, has a capitalisation of Bt280m, equivalent to $8.4m, and manufactures branded seafood and pet-food products while also acting as a B2B supplier in Asia. Umios said the deal and alliance will expand the group's portfolio of processed foods and other products as well as its sales channels in Asia, advancing the local strategy set out in its long-term vision. The move follows Umios' June agreement to take a 51% stake in Malaysia-based Pet World International for Y11.4bn, or $73.7m at current exchange rates.

Pattaya Food Group, or PFG, has reached a strategic cooperation agreement with Umios Corporation, a major player in Japan's food industry. Umios will take a 25.1% stake in the company and join its executive board to help set direction and drive growth in Asia. Sudathip Kiattisrichart, incoming Chief Executive Officer of Pattaya Food Group, said the partnership combines PFG's strengths in brand development and regional distribution channels with the Umios Group's business network spanning more than 70 countries worldwide, to elevate the company from a seafood producer into a fully integrated food company. For its 2025 results, PFG reported total revenue of about 220 million US dollars, or more than 7 billion baht, with more than 65% coming from overseas markets and 40% from its own brand businesses such as Nautilus, Mongkut Talay and Sea Crown, as well as pet food brands Regalos and Remy. The company targets average growth of 10% per year over the next three years, with innovation and overseas market expansion as the main drivers. Umios Corporation, which previously operated under the name Maruha Nichiro Corporation, has more than 145 years of experience and posted 2025 results of as much as 7.34 billion US dollars, or more than 200 billion baht. The 25.1% stake aims to concretely support the growth of PFG's own brand manufacturing business in Asian markets.