Author: jaimiecassidy

Thai Union strengthens its Ingredients business by investing in Mara Renewables Corporation, a leading micro-algae ingredients producer

BANGKOK – WEBWIRE – Wednesday, May 18, 2022 Thai Union Group PCL (Thai Union) today announced a CAD $10 million investment in Mara Renewables Corporation (Mara) as part of Mara’s CAD $39.5 million growth funding round. Thai Union joins other industry-leading financial partners to accelerate the expansion of Mara’s proven portfolio of micro-algal products and unique innovation. Thai Union will appoint one representative to join Mara’s Board of Directors. Mara, based in Nova Scotia, Canada, is one of the world’s leading producers of sustainably grown algae-based bio-products. Since its inception in 2012, Mara has successfully built a portfolio of ... Read more