
Just two months after filing for Chapter 11 protection, plant-based food maker Atlantic Natural Foods LLC has entered into a court-approved asset purchase agreement with Century Pacific of the Philippines.
Atlantic Natural Foods, which produces plant-based foods under the Loma Linda and Tuno brand names, blamed its financial troubles on a litany of problems, including increased import taxes on steel, labor costs and IT costs related to cybersecurity attacks.
“[In recent months,] ANF…