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Newport Beach Investment Firm Buys Defunct Meal Kit Company Chef'd

Newport Beach Investment Firm Buys Defunct Meal Kit Company Chef'd

Meal-kit delivery company Chef’d closed its doors last week and laid off hundreds of workers. Now the El Segundo company’s assets have been acquired by a Newport Beach investment firm with a meal kit offering of its own. True Food Innovations, run by food and real estate investor Alan True, announced Wednesday that it has acquired the assets of Chef’d — including its brand name, plant and equipment — with plans to use those to expand True’s own meal kit business: True Chef. To continue reading, click here.