Umios, the ******* anese seafood giant previously trading as Maruha Nichiro, has made another investment in Southeast Asia with a stake in Pataya Food Industries.
Tokyo-listed Umios is taking a 25.1% stake in Thailand's Pataya Food Industries (PFI), which was set up in 1979 and manufactures branded seafood and pet-food products, as well as acting as a B2B supplier in Asia.
Based in the capital Bangkok, PFI has a capitalisation of Bt280m ($8.4m), according to Umios, which did not disclose the target purchase price for the minority interest.
The transaction is being conducted through the Umios group firm Kingfisher Holdings.
Umios said in a statement the deal and "alliance" with PFI 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".

#pataya #industries #seafood #well

Ahead of the Cincinnati Bengals' season opener on Sunday, Sept. 13, Paycor Stadium introduced a slate of new food and beverage options, including a seafood tower, Mazunte walking tacos, a double smash cheeseburger and oversized ice cream sundaes.
Christopher Revercomb, senior executive chef for Aramark Sports + Entertainment, which oversees food service at Paycor Stadium, said the goal is to balance traditional game-day favorites with upscale offerings. The menu is shaped by fan feedback, sales data and emerging food trends.
PHOTOS: Cincinnati Bengals show new food options for this season at Paycor Stadium
We try to keep it fresh and listen to what the fans want," Revercomb said.
Among the new concession stand additions are Penn Station cheesesteaks, Lee's Famous Recipe chicken tenders and potato wedges, and Mazunte walking tacos. The tacos are available with chicken or ground beef and topped with queso fundido, black bean puree, pickled red onions, pico de gallo and cilantro.

#Food #revercomb

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Hilton Food had one messy half, but investors liked the main course. Seafood dragged, vegan food got shown the door, and the profit outlook still moved higher.
Hilton Food Group shares surged more than 13% after the UK food processing and packing group raised its full-year adjusted profit guidance following a better-than-expected first half.
For the 26 weeks to June 28, revenue rose 15.3% to £2.3 billion (about $2.7 billion), while total volumes increased 2.1%. On a constant-currency basis, revenue was up 11.5%.
Adjusted profit before tax from continuing operations fell 5.2% to £32.8 million, but still came in ahead of expectations. The core meat and fresh prepared foods businesses performed well, offsetting weaker seafood results.

#profit

For the second time within a month, Blueface was swatted and detained at gunpoint after a false 911 call was made on him while he was streaming at his King of Crabs seafood restaurant in Santa Clarita.
As reported by TMZ, law enforcement was called on Blueface on Sunday (Aug. 23) while he was streaming on Kick with his girlfriend, Navaeh Akira, and their newborn baby boy, Jonathan Jr.
Deputies were informed there was an incident of "severe violence" involving the rapper, who was detained at gunpoint by responding officers. Several people were detained, but were later released after it was determined it was an apparent incident of swatting, or an incident of false reporting of a serious crime with the intent of heavy police presence or SWAT teams surprising unsuspecting people.
In videos circulating on social media clipped from the stream l, Blueface was seen being told to step outside of the restaurant with his hands up. When Akira was asked by one of the officers if she was with Blueface, she appeared concerned, and Blueface told her to take his phone and return to the restaurant.
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Red Robin Gourmet Burgers (RRGB) is undergoing a turnaround, with strong technical momentum and a recent Trend Seeker "Buy" signal.
RRGB has surged nearly 60% over the past year and recently hit a 2-year high.
Shares maintain a 100% "Buy" technical opinion from Barchart.
Analyst sentiment is bullish with multiple "Strong Buy" ratings and price targets up to $14.50, suggesting further upside potential.
Valued at $200 million, Red Robin Gourmet Burgers (RRGB) is a full-service casual dining restaurant chain that serves an ******* orted range of burgers. It offers burgers, various appetizers, salads, soups, seafood, and other entrees as well as desserts, milkshakes, alcoholic and non-alcoholic specialty drinks, ******* tails, wine, and beers.

#rrgb

The Kroger Co. (KR), headquartered in Cincinnati, Ohio, operates supermarkets, multi-department stores, and fulfillment centers. Valued at $35.7 billion by market cap, the company offers meat, seafood, bakery, dairy, frozen, cleaning, kitchen, beverages, health, electronics, toys, vegetables, fruits, beauty, and household products.
Shares of this supermarket chain have underperformed the broader market over the past year. KR has declined 18.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.8%. In 2026, KR stock is down 6.8%, compared to the SPX's 11% rise on a YTD basis.
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Umios has moved to enter Southeast Asia's pet-food market through a deal for 51% of Malaysia's Pet World International.
The ***** anese seafood giant, formerly known as Maruha Nichiro, has a presence in wet cat food, selling to east Asia, North America and Europe.
The acquisition of a majority stake in Pet World International (PWI) will see Umios enter Southeast Asia and expand its range to dry dog food.
Umios, which is paying Malaysian conglomerate Wah Kong Corporation Y11.4bn ($$70.4m) for the stake in PWI, described Southeast Asia as the "fastest-growing pet-food market" in Asia. The company pointed to the Philippines and Thailand, where it said sales are growing at a compound annual growth rate of 10%.
In a stock-exchange filing, Umios said PWI has a "strong brand position" in Malaysia. Without disclosing figures, the company added PWI "holds the number two market share" in the dog and cat pet food market in Malaysia.

Red Lobsters' infamous $20 "Ultimate Endless Shrimp" promotion nearly sank the restaurant chain, now shareholders are alleging the promotion was a ploy by a former majority shareholder based in Thailand to squeeze as much benefit as possible from the eatery.
A May lawsuit filed in Orange County, Fla. by a trust representing shareholders alleged that Thai Union Group, one of the world's largest seafood producers whose shares trade on the Stock Exchange of Thailand (SET), exploited its controlling stake, CNBC reported.
"Thai Union doubled down on a campaign to squeeze out every drop of value that it could through uneconomic contracts that benefited Thai Union and made no economic sense for Red Lobster," the lawsuit read.
In fact, the endless shrimp promotion at one point left the company $11 million in the red in a single quarter.
Red Lobster and Thai Union did not immediately respond to Fortune's request for comment.

Driver impersonating legitimate carrier allegedly steals $400,000 worth of lobster

Someone’s going to need a ton of melted ****** er.
A whopping $400,000 shipment of lobster was stolen as it was headed for Costco stores, according to the freight company’s president.
Dylan Rexing, the president and chief executive of supply chain company Rexing Companies, said in a statement that he believes the driver was impersonating a legitimate carrier and stole the seafood. The lobsters, which were not alive, were on their way to Costco stores in Illinois and Minnesota, he said.
“This theft wasn’t r