Tuesday, April 29, 2025

Another plant-based company in trouble

Atlantic Natural Foods LLC of New Orleans has filed for bankruptcy protection from its creditors to have time to re-organize its finances.

It produces Loma Linda and TUNO brand plant-based foods that imitate meat.

Above Foods of Saskatchewan owns 39.6 per cent of the shares and ANF Holdco LLC of New Orleans holds 60.4 per cent.


The three largest unsecured creditors are:


• Pataya Food Industries Ltd., which is owed $1.28 million;
• Nestle, owed $345,338; and


• Mid Atlantic Warehouse, owed $256,505.