i-Tail Corp raises funds to expand pet food business

i-Tail Corp, the pet food arm of Thailand’s Thai Union, has raised USD 606.5 million in an IPO to finance its business expansion and repay debts. The company produces wet pet food at two plants in Samut Sakhon and Songkhla provinces. It is building a new plant in Samut Sakhon, slated to begin commer...