The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Century Pacific North America, the US subsidiary of Century Pacific Food, has acquired the Loma Linda plant-based brand from Atlantic Natural Foods.

The transaction, valued at less than $10 million, includes the acquisition of Loma Linda and Atlantic’s other brands such as Tuno, Neat and Kaffree Roma. It also encompasses the brands’ formulations, select manufacturing assets, licenses and remaining inventory relating to the ongoing business of Atlantic Natural Foods.

Atlantic Natural Foods, a US plant-based company based in North Carolina, US, filed for Chapter 11 bankruptcy protection earlier this year. This followed the termination of an agreement with agri-food company Above Foods in 2024, which would have seen Atlantic go public through the partnership.

The Loma Linda brand was acquired by Atlantic Natural Foods in 2016, but dates back to 1890. Its products included its flagship tuna alternative Tuno, now sold across North America and in over 30 countries worldwide, as well as Franks vegan hotdogs and plant-based scallop alternative Skallops.

Century Pacific North America is best known for its UnMeat brand, a shelf-stable plant-based product line available across major US retailers including Walmart, Albertsons, HEB and Meijer. The company was already working closely with Atlantic Natural Foods as a supply partner, leading to deeper collaboration and this latest acquisition deal.

Greg Banzon, chief operating officer at Century Pacific Natural Foods, said: “This is a strategic and synergistic move for CPNA. We are bringing together a trusted heritage brand and a disruptor brand under one roof – leveraging decades of consumer trust with bold innovation. This allows us to serve both loyal customers and new generations seeking accessible, nutritious and sustainable food choices.”

Banzon said the transaction is expected to be “immediately accretive” to the business, with operational integration to be a “seamless, bolt-on match” to Century Pacific’s existing plant-based food operations.

“The acquisition reflects CPNA’s measured and profitable growth strategy: tapping into established markets while accelerating momentum for plant-based food adoption across diverse geographies,” he continued. “Ultimately, it reinforces the group’s broader mission of building a healthier, more sustainable portfolio that provides affordable nutrition to the consumers we serve.”

Top image: © Loma Linda