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

tuna A tuna (: tunas or 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 bul ...

traders in the world.

Overview

FCF is one of the largest tuna traders in the world. They are

privately held A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equi ...

. They are one of the largest integrated marine industry supply-chain service providers. They have more than 30 subsidiaries. FCF is a 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, in effect, as a reserve bid. The intent is to maximize the value of its assets or avoid low bids, as part of (or ...

following the bankruptcy of

Bumble Bee Foods Bumble Bee Foods, LLC, is an American company that produces canned tuna, salmon, other seafoods, and chicken under the brand names "Bumble Bee," "Wild Selections," "Beach Cliff," "Brunswick," and "Snow's." The brand is marketed as " Clover L ...

, 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 a group of Environmental movement, environmental activists. Greenpeace states its goal is to "ensure the ability of the Earth to nurture life in all its biod ...

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 Forced labour, or unfree labour, is any work relation, especially in modern or early modern history, in which people are employed against their will with the threat of destitution, detention, or violence, including death or other forms of ...

Facilities

FCF owns processing plants in

Ghana Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to t ...

and

Papua New Guinea Papua New Guinea, officially the Independent State of Papua New Guinea, is an island country in Oceania that comprises the eastern half of the island of New Guinea and offshore islands in Melanesia, a region of the southwestern Pacific Ocean n ...

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

Mauritius Mauritius, officially the Republic of Mauritius, is an island country in the Indian Ocean, about off the southeastern coast of East Africa, east of Madagascar. It includes the main island (also called Mauritius), as well as Rodrigues, Ag ...

Cape Town, South Africa Cape Town is the legislature, legislative capital city, capital of South Africa. It is the country's oldest city and the seat of the Parliament of South Africa. Cape Town is the country's List of municipalities in South Africa, second-largest ...

, and

Montevideo, Uruguay Montevideo (, ; ) is the capital and largest city of Uruguay. According to the 2023 census, the city proper has a population of 1,302,954 (about 37.2% of the country's total population) in an area of . Montevideo is situated on the southern coa ...

Organization

FCF has Seven main operational units: * Information Technology and Administration * Longline * Squid * Purse Seine * Finance * Compliance Customers Response Management (CCRM) * Vessel Service and Governance Department (VSG)

References

{{reflist 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