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Innovative Food Holdings, Inc. Completes Acquisition of Golden Organics, Inc. to Expand Organic Products Market

Nov 24, 2024about 1 year ago

Acquiring Company

Innovative Food Holdings

Acquired Company

Golden Organics

Bonita SpringsColoradoFood ProcessingFood and BeverageAgriculture and Farming

Description

Innovative Food Holdings, Inc., a Florida corporation, has successfully completed the acquisition of Golden Organics, Inc., a Colorado corporation. This acquisition aimed to expand Innovative Food Holdings' presence and offerings in the organic ingredients and food products market.

Company Information

Company

Innovative Food Holdings

Location

Bonita Springs, Florida, United States

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed