8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORTPursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 4, 2007

The Inventure Group, Inc.

(Exact name of registrant as specified in its charter)

Delaware	1-14556	86-0786101
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
5050 N. 40th St., Suite 300, Phoenix, AZ		85018
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (623) 932-6200

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02.Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On October 4, 2007, the Board designated Itzhak Reichman to fill a newly created vacancy on the Company’s Board of Directors.

There is no arrangement or understanding between Mr. Reichman and any other person pursuant to which Mr. Reichman was appointed as a member of the Board of Directors. There are no transactions in which Mr. Reichman has an interest requiring disclosure under Item 404(a) of Regulation S-K.

In accordance with the Company’s general policy to compensate non-employee directors with an annual option grant to purchase 5,000 shares of the Company’s common stock, the Company granted Mr. Reichman an option to purchase 5,000 shares of common stock, subject to the terms of the Company’s 2005 Equity Incentive Plan and standard form of non-employee director Stock Option Agreement, including provisions that the option (i) is granted at the fair market value (closing price) on October 3, 2007, (ii) is exercisable in whole on the first anniversary of the grant, and (iii) shall have a term of five (5) years.

Item 8.01Other Events

On October 8, 2007, the Company issued a press release announcing the appointment of Itzhak Reichman as a new member of the Board of Directors, a copy of which is attached hereto as Exhibit 99.1.

Item 9.01Financial Statements and Exhibits.

(d)Exhibits

Exhibit 99.1Press release dated October 8, 2007.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		The Inventure Group, Inc.
		(Registrant)
Date	October 8, 2007
		/s/ Steve Weinberger
		(Signature)
		Steve Weinberger
		Chief Financial Officer

2

EX-99.1

Exhibit 99.1

The Inventure Group, Inc. Appoints Mr. Itzhak Reichman

to its Board of Directors

PHOENIX, Ariz. – October 08, 2007 – The Inventure Group, Inc. (Nasdaq: SNAK) is pleased to announce the appointment of Mr. Itzhak Reichman to the Company’s Board of Directors effective October 04, 2007.

Mr. Reichman is the Chairman and CEO of Desert Glory, North America’s leading grower of flavorful tomatoes with greenhouse operations in Mexico and distribution operations throughout the United States.

Before joining Desert Glory, Mr. Reichman worked with the Borden organization while it was owned by Kohlberg, Kravis and Roberts, fulfilling various strategic and merger and acquisition leadership positions at the holding company, as well as operating roles at Borden Foods. He also served as a member of Wise Foods’ Board of Directors.

Mr. Reichman came to Borden Foods from Israel, where he founded and managed Elite Foods, Frito-Lay’s affiliate Company in Israel. Prior to that, Mr. Reichman spent five years with McKinsey and Co.

“Mr. Reichman’s significant consumer products experience and exceptional track record of results is welcomed by the Board of Directors. We expect he will add great value to the operating units of the business,” commented Larry R. Polhill, Chairman of the Board of Directors.

About The Inventure Group, Inc.

With manufacturing facilities in Arizona, Indiana and Washington, The Inventure Group is a marketer and manufacturer of Intensely Different™ specialty brands in indulgent and better-for-you food categories under a variety of Company owned or licensed brand names, including T.G.I. Friday’s®, Rader Farms®, Boulder Canyon Natural Foods™ , Poore Brothers®, Tato Skins® and Bob’s Texas Style®. For further information about The Inventure Group or this release, please contact Steve Weinberger, Chief Financial Officer, at (623) 932-6200, or log on to http://www.inventuregroup.net.

Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this press release and that may affect the Company’s prospects in general include, but are not limited to, the potential need for additional financing, acquisition-related risks, significant competition, customer acceptance of new products, dependence upon major customers, dependence upon existing and future license agreements, general risks related to the food products industry, and such other factors as are described in the Company’s filings with the Securities and Exchange Commission.