Food business expands with gourmet purchase

BONITA SPRINGS — Innovative Gourmet, a subsidiary of Bonita Springs-based Innovative Food Holdings, acquired substantially all the assets of igourmet, a northeast Pennsylvania-based online gourmet food and gift retailer.

Financial terms of the deal weren't disclosed. The business will continue to operate under igourmet's name, according to a release. Based in West Pittston, Pa., igourmet offers a wide assortment of high quality gourmet and specialty food products through its website and a full line of omni-channel partners, the release adds. In addition, through its specialty foodservice division, igourmet offers a wide assortment of specialty food products to restaurants, specialty retailers and other business establishments.

A key goal of the acquisition, say Innovative Food Holdings executives, is to leverage igourmet's current available capacity, including 19,000 square feet of underutilized space available in the igourmet 65,000-square-foot warehouse.