Innovative Food Holdings, Inc. Announces Restructuring of Home Gourmet E-Commerce Business, and Divestiture of Other Non-Core Businesses

January 12, 2024

BONITA SPRINGS, Fla., Jan. 12, 2024 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB:IVFH) (“IVFH”, the “Company”, “we”, or “our”), a national seller of gourmet specialty foods to Professional Chefs, today announced that with the unanimous support of its board, the Company is restructuring its Home Gourmet e-commerce business. IVFH also announced the completion of its previously announced sale of two entities: Oasis Sales Corp and Organic Food Brokers, LLC (together dba “Grow Brand Management”). Lastly, the company also announced that it has agreed to sell its entity Haley Food Group, Inc.

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