Thailand: Taokaenoi acquires US seaweed factory to tap into Western markets

Thailand: Taokaenoi acquires US seaweed factory to tap into Western markets

Taokaenoi seaweed products. Image from the company's website.

Thai listed seaweed processor and distributor Taokaenoi Food & Marketing Pcl has agreed to buy out California-incorporated organic seaweed producer GIM Factory Inc for $2 million to expand its market in North America and Europe.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter