Innovative Food Holdings, Inc. Announces Acquisition of Assets of Golden Organics, a Denver-Based Specialty Distributor
INNOVATIVE FOOD HLDGS INC (IVFH)
NASDAQ:AMEX Investor Relations:
ivfh.com/investor-relations
Company Research
Source: GlobeNewswire
BONITA SPRINGS, Fla., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, is pleased to announce the entry into a material definitive agreement to acquire 100% of the assets of Golden Organics, LLC, based in Denver, CO (“Golden Organics”), for total consideration of $1.75 million, consisting of $1.4 million in cash and $350,000 in the form of a 5-year seller’s note bearing interest at a rate of 6%. Golden Organics was founded by David Rickard in Golden, CO in 1994, as a specialty food distribution company focused on being the premier organic food distributor of predominantly dry-good specialty food products in the Rocky Mountain region of the United States. Over 85% of its products are certified organic, and many of its products also have Gluten Free, Kosher, Halal, and Non-GMO certifications. Its true roots go back to Mr. Rickard’s impressive family history in
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News
- Innovative Food Holdings, Inc. Announces Close of The Acquisition of Golden Organics [Yahoo! Finance]Yahoo! Finance
- Innovative Food Holdings, Inc. Announces Close of The Acquisition of Golden OrganicsGlobeNewswire
- Innovative Food Non-GAAP EPS of $0.01, revenue of $17M [Seeking Alpha]Seeking Alpha
- Innovative Food Holdings, Inc. Reports Financial Results for Third Quarter 2024GlobeNewswire
- Innovative Food Holdings, Inc. Announces Q3 2024 Earnings CallGlobeNewswire
IVFH
Sec Filings
- 11/21/24 - Form 8-K
- 11/13/24 - Form 10-Q
- 10/18/24 - Form 8-K
- IVFH's page on the SEC website