4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

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.
Submit a free classified
or view all

Previous article

Spanish hacienda at the southern edge of La Jolla

This Bird Rock estate features “an exceedingly rare oceanfront pool overlooking the surf.”
Next Article

The Guardian of Memory: brokenhearted at the border

Carlos Spector stacks the grain in a neat pile for the birds to fight over.

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.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Strings dominate at Oct. 20 Mainly Mozart

Prokofiev, Mozart, Beethoven at Del Mar Fairgrounds
Next Article

First fright

What possessed him to take a child to see a film with that title?
Comments
3

A lot of canned fish in the supermarket comes from faraway places like Vietnam and Thailand. Read the labels. The most recent can of Bumblebee that I bought still says San Diego CA. But the trend makes me worry when I imagine foreign canneries.

Dec. 31, 2014

My current Bumble Bee Solid White Albacore can says "Caught in Pacific Ocean - Product of Fiji - Canned in USA" and "Distributed by Bumble Bee Foods, LLC, San Diego, CA USA." So where is their cannery?

Dec. 31, 2014

Sometime in the earliy 80's, they closed their cannery in Oregon and moved all of their US canning operations to Sante Fe Springs. Don't know the address but it's just off the 5 at Carmenita.

Jan. 1, 2015

Sign in to comment

Sign in

Art Reviews — W.S. Di Piero's eye on exhibits Ask a Hipster — Advice you didn't know you needed Best Buys — San Diego shopping Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits City Lights — News and politics Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Excerpts — Literary and spiritual excerpts Famous Former Neighbors — Next-door celebs Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Here's the Deal — Chad Deal's watering holes Just Announced — The scoop on shows Letters — Our inbox [email protected] — 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 Of Note — Concert picks Out & About — What's Happening Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Pour Over — Grab a cup 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 Set 'em Up Joe — Bartenders' drink recipes Sheep and Goats — Places of worship Special Issues — The best of Sports — Athletics without gush Street Style — San Diego streets have style Suit Up — Fashion tips for dudes Theater Reviews — Local productions Theater antireviews — Narrow your search 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 Waterfront — All things ocean Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close