Thai Union Feedmill Public Company Limited (TFM) has established a subsidiary in Ecuador to operate its aquaculture business. The company's board of directors approved the establishment, and it was officially registered on September 4, 2026. The subsidiary, named Thai Union Feedmill Ecuador S.A.S., will invest in constructing a plant for its business operations. The shareholder structure consists of TFM holding 85.19%, AVANTI FEED LTD. holding 11.11%, and PACIFIC AQUA SOLUTION PACSOL S.A.S. holding 3.70%. Additionally, the company plans to increase its registered capital and adjust the shareholding structure of the subsidiary to strengthen its financial readiness and liquidity, supporting future operations and business expansion, as well as building strong business alliances in Ecuador.
Thai Union Feedmill PCLTFM establishes an Ecuador subsidiary and will invest in constructing a plant, expanding its aquaculture operations.
PACSOL holds a 3.70% stake in TFM's new Ecuador subsidiary, a minor participation.
