Chef’d: Newport Beach food tech firm picks up Chef'd assets

After Chef'd abruptly closed the box on its meal-kit business last week, the Los Angeles area company's assets have been picked up by a food-technology firm with a meal-kit business of its own. True Food Innovations, a subsidiary of Newport Beach, California-based True Family Enterprises, has acquired Chef'd's plant, property, equipment, brand and intangible assets from the company's lender, who was unnamed. Terms of the deal were not disclosed. True Food plans to consolidate the Chef'd...