Atlantic Natural Foods Returns to Private Ownership
Plant-based food manufacturing company Atlantic Natural Foods (ANF) has withdrawn from its pending transaction with food processing company Above Foods.
The mutual withdrawal—effective as of November 1, 2024—comes three years after ANF, headquartered in Nashville, North Carolina, partnered with Canadian food processor Above Foods in order to enter the public environment.
This decision marks ANF’s transition back to private ownership, thereby resuming direct fiduciary oversight of the company and its operations.
Doug Hines, ANF Chairman, commented "Operating in the industry's ever-changing landscape has not been
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