NASHVILLE, N.C. — Two years after AFT Holdings, Inc.’s subsidiary Atlantic Natural Foods, L.L.C. (ANF) reached an agreement with Battle Creek, Mich.-based Kellogg Co. to acquire the Loma Linda brand of canned shelf-stable alternative meat analog products, the Kaffree Roma alternative coffee beverage unit, and licensing rights to the Worthington Foods brand, the deal is finally done.
AFT Holdings on Oct. 3 said it has made the final payment to purchase the Loma Linda and Worthington Foods shelf stable business from Kellogg.
Since 2014, ANF has integrated and managed the Loma Linda and Worthington business, Kaffree Roma, and the collection of neat gluten- and soy-free nut based protein alternatives and the neat egg line of vegan products.
ANF had been the sole producer of the Loma Linda and Worthington products since 2008, but they previously had been marketed by Kellogg until the two companies agreed to a deal in October 2014. At the time, AFT saw the acquisition as an important cornerstone of its effort to position itself as a leader in the healthy living food space.
“We will continue to focus on revolutionizing healthy food alternatives by offering affordable, sustainable, creative, and exceptionally tasteful products for the North American consumer,” said J. Douglas Hines, chairman of AFT. “We are excited about our forthcoming product announcements in this area.”
AFT manages a diverse portfolio, including its flagship operation, Atlantic Natural Foods, as well as the largest U.S. flag tuna fleet of 12 Super Seiners in the Western Pacific, property development in Tennessee, Hawaii, and Mandeville, La., a specialty food processor in Maine, and technology in Seattle.
Thanks to Food Business News.