SAMUT SAKHON, THAILAND — In late 2022, Thai Union Group announced plans to establish two new companies in China and the Netherlands under its i-Tail Corporation PCL subsidiary, a manufacturer of premium wet pet food and treat products based in Thailand.
The two new companies in China and the Netherlands — dubbed i-Tail (Shanghai) Co., Ltd., and i-Tail Europe B.V., respectively — will support the company’s pet food sales in key Asian and European markets, specifically supporting its import, selling and distribution operations in the two regions.
According to the company, it will be leveraging the registered capital collected from proceeds of its initial public offering (IPO) on the Stock Exchange of Thailand (SET) to establish the two new entities in China and the Netherlands. i-Tail Corporation officially went public on the SET in December 2022.
The new Chinese business will be…
