Thai Union Feedmill (TFM), a leading Thai manufacturer and distributor of aquafeed and economic animal feed, continues to strengthen its regional presence by signing a Memorandum of Understanding (MOU) with partners from Bangladesh. The collaboration with Bangladesh Shrimp and Fish Foundation (BSFF) aims to transfer Thailand’s advanced aquaculture technologies and enhance the competitiveness of the aquatic animal industry toward sustainable global standards.
Peerasak Boonmechote, Chief Executive Officer of Thai Union Feedmill, stated that the company has been continuously strengthening its regional footprint. Most recently, TFM entered into an MOU with partners from Bangladesh to jointly develop and expand the aquaculture industry, covering whiteleg shrimp, black tiger shrimp, giant freshwater prawn, and barramundi.
The signing ceremony had the presence of Faiyaz Murshid Kazi, Ambassador of the People’s Republic of Bangladesh to Thailand, together with Syed Mahmudul Huq, Chairman of the BSFF, and Hathai Nantatong, Director Feed Commercial, representing Thai Union Feedmill.
“This collaboration is not only an expansion of TFM’s business opportunities, but also a testament to the global recognition of Thailand’s aquaculture standards. We firmly believe that sharing knowledge and expertise will lead to positive transformation in the aquaculture industries of both countries,” said Boonmechote.
Long-Term Sustainable Growth for Both Countries
According to TFM, the collaboration focuses on enhancing high–economic–value aquatic products, including whiteleg shrimp, black tiger shrimp, giant freshwater prawn, and barramundi. Under the agreement, TFM will play a key role in expanding regional business and marketing networks in high-growth potential markets, transferring knowledge, technology, innovation, and Thailand’s internationally recognized aquaculture standards to improve the quality of Bangladeshi aquaculture products to meet global benchmarks, and supporting a production value chain that emphasizes environmental and social responsibility. The partnership aims to strengthen food security and promote long-term sustainable growth for both countries.
Leading Sustainable Aquaculture Collaboration Across Asia
Thai Union Feedmill is a specialized subsidiary of the global seafood leader, Thai Union Group, focused on manufacturing and distributing aquaculture and livestock feed. Thai Union holds a majority stake (approximately 51% to 66.9% as of 2021-2022) in TFM, with the latter functioning as a key strategic unit for feed production within the broader group.
Some days ago, the Boards of Directors of Thai Union Group, the company Avanti Feeds and Avanti Frozen, convened to strengthen their partnership and further enhance collaboration in sustainable aquaculture development across the region.
In that sense, Thiraphong Chansiri, CEO of Thai Union Group; Rittirong Boonmechote, President of Global Frozen and Related Business of Thai Union Group; and Peerasak Boonmechote, held discussions with Alluri Indra Kumar, Chairman and Managing Director of Avanti Feeds and Avanti Frozen; and C Ramachandra Rao, Joint Managing Director, and their management team, during the Avanti Board of Directors meeting 2026 at the Grand Center Point Prestige Bangkok Hotel.
Thai Union’s Gross Profit Margin for FY2025 Reaches All Time High of 18.9%
Thai Union Group just announced its full year and fourth quarter 2025 results, delivering record profitability and demonstrating resilient execution in a challenging macroeconomic environment. For 2025, Thai Union achieved a record gross profit margin of 18.9%, supported by stronger margins in its Frozen business, an improved business mix, and disciplined cost control.
They informed margin performance was delivered despite United States (US) tariff related cost pressures, reflecting effective pricing actions and the successful execution of major transformation initiatives.
Sales volumes for 2025 increased 2.5% to 908,000 metric tons driven by Ambient, Frozen and PetCare. Full-year sales reached USD 4.26 billion, while adjusted operating profit (excluding transformation costs) totaled USD 0.22 billion.
The Q4 2025 results confirmed Thai Union’s resilience. Excluding foreign exchange impact, organic sales grew for a second consecutive quarter at 0.7%, driven by solid volume growth in Frozen, Feed and PetCare.
