Frozen Foods Brand Tattooed Chef Files for Bankruptcy, Will Seek Asset Sale
US plant-based foods company Tattooed Chef announces it will file for Chapter 11 bankruptcy and intends to market “substantially all of its assets”. The publicly-listed company will also solicit competing bids from interested parties. The news follows several difficult quarters for the frozen foods company, which said in a statement that increased business costs and an inability to raise needed capital led to the decision to seek bankruptcy protection. Founded in 2018, Tattooed Chef is known for its range of plant-forward frozen meals and entrees, which include pizzas, heat-and-serve bowls, cauliflower burgers and smoothie bowls. While it offered a growing range of fully plant-based items, much of the brand’s product line incorporated dairy or eggs. Beginning in late 2022, the company began to report financial …
