Renato Curto was born and raised in Rome, Italy. He graduated in Economics and Commerce at the University of Rome in 1971.
His involvement with the Tuna Industry started in 1973, when he was hired by a large Italian public conglomerate (EFIM) to represent their interest in a Mexican joint venture company which was formed with the objective of owning and operating a fleet of three tuna purse seine fishing vessels and one stern trawler. In 1976, Star Kist joined the company as minority partner.
In 1979, after arranging for the sale of the Mexican company, Mr. Curto joined Tri Marine, a related company which had been formed in Singapore in 1971 mainly as a tuna trading company and a base for albacore and sashimi long liners. In 1983, Mr. Curto became the managing Director of Tri Marine. In 1986 the Italian holding company decided to divest itself from food related activities and Mr. Curto , together with his three partners and friends, made a successful bid to acquire the Company in a Management Buy Out.
Under the leadership of Renato Curto, Tri Marine¹s consolidated trading business grew in less than 10 years from about $40 million to over $500 million in annual revenues, and achieved a 15% global tuna market share. In the process, Tri Marine established operating companies and representative offices in 14 countries around the world and integrated the activities of the Group to include fishing operations and processing facilities, especially for the preparation of cooked, cleaned and frozen tuna loins.
The most relevant acquisitions made by the company (mostly in joint venture with selected partners) during the last 10 years, include Pan Pacific Fisheries, Chicken of the Sea, several fishing operations (including the entire Star Kist fleet of 8 large vessels), three tuna processing plants in Latin America (including Seafman, which was Bumble Bee's cannery and operation in Ecuador) and, very recently, one of the largest fishing and processing companies in Peru, a leading and very reputable producer of top grade fish meal and fish oil. |