FCF Co, Ltd. (FCF) is a privately held Taiwanese seafood conglomerate. They are the largest

tuna A tuna is a saltwater fish that belongs to the tribe Thunnini, a subgrouping of the Scombridae (mackerel) family. The Thunnini comprise 15 species across five genera, the sizes of which vary greatly, ranging from the bullet tuna (max length: ...

trader in the world.

Overview

FCF is the largest tuna trader in the world. They are

privately held A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...

. They are one of the largest integrated marine industry supply-chain service providers. They have more than 30 subsidiaries. FCF is an member of the Western Pacific Sustainable Tuna Alliance.

History

FCF was founded in 1972. In 2019 FCF placed a

stalking horse bid A stalking horse offer, agreement, or bid is a bid for a bankrupt firm or its assets that is arranged in advance of an auction to act as an effective reserve bid. The intent is to maximize the value of its assets or avoid low bids, as part of (or be ...

following the bankruptcy of Bumble Bee Foods, they already held a 25% stake in the company. In 2020 they successfully acquired Bumble Bee Foods. A 2020

Greenpeace Greenpeace is an independent global campaigning network, founded in Canada in 1971 by Irving Stowe and Dorothy Stowe, immigrant environmental activists from the United States. Greenpeace states its goal is to "ensure the ability of the Earth t ...

report linked FCF to

illegal fishing Illegal, unreported and unregulated fishing (IUU) is an issue around the world. Fishing industry observers believe IUU occurs in most fisheries, and accounts for up to 30% of total catches in some important fisheries. Illegal fishing takes pl ...

and forced labor.

Facilities

FCF owns processing plants in

Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...

and

Papua New Guinea Papua New Guinea (abbreviated PNG; , ; tpi, Papua Niugini; ho, Papua Niu Gini), officially the Independent State of Papua New Guinea ( tpi, Independen Stet bilong Papua Niugini; ho, Independen Stet bilong Papua Niu Gini), is a country i ...

. Their fishing bases are mostly in Pacific Island Nations but they also have bases in

Mauritius Mauritius ( ; french: Maurice, link=no ; mfe, label=Mauritian Creole, Moris ), officially the Republic of Mauritius, is an island nation in the Indian Ocean about off the southeast coast of the African continent, east of Madagascar. It incl ...

Cape Town, South Africa Cape Town ( af, Kaapstad; , xh, iKapa) is one of South Africa's three capital cities, serving as the seat of the Parliament of South Africa. It is the legislature, legislative capital of the country, the oldest city in the country, and the sec ...

, and

Montevideo, Uruguay Montevideo () is the Capital city, capital and List of cities in Uruguay, largest city of Uruguay. According to the 2011 census, the city proper has a population of 1,319,108 (about one-third of the country's total population) in an area of . M ...

Organization

FCF has six main operational units: * Information Technology and Administration * Longline * Squid * Purse Seine * Finance * Compliance Customers Response Management (CCRM)

References

{{Taiwan topics Fishing industry in Taiwan 1972 establishments in Taiwan Companies based in Kaohsiung Fish processing companies Seafood companies of Asia Food and drink companies of Taiwan

Overview

History

Facilities

Organization

See also

References