The Independents Independent Wholesaler
2024 was a big year for mergers and acquisitions (M&A) in the food and drink industry. According to City AM, deal volumes in the sector increased by an impressive 29.1% compared to 2023. It’s clear that businesses were busy making moves, and Kitwave was very much part of this trend. At Kitwave, we’ve always focused on growing strategically, and last…
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The Country Range Group (CRG) is pleased to announce that the foodservice division of Kitwave Group plc is to join as its newest member as of the 15th July 2024. Kitwave will immediately benefit from the Country Range Group’s buying power, analysis, data and insights, the formidable three-tiered, own brand portfolio and wide-ranging marketing campaigns and promotions. Country Range Group…
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Read the interview with Kitwave Group’s Chief Executive Officer, Ben Maxted and the North East Times by clicking here: https://netimesmagazine.co.uk/curated/kitwave-group-interview-with-chief-executive-ben-maxted/
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Kitwave Group plc, the delivered wholesale business, is pleased to announce that the Group has acquired Total Foodservice Solutions Limited, a leading independent food wholesaler in the North of England. Established over 130 years ago, Total Foodservice delivers wholesale catering supplies of around 4,000 product lines including chilled, frozen and ambient food, non-food and cleaning products. Total Foodservice’s depots are located in…
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Starting today, March 13th 2024, our very own group CFO, David Brind will be be supporting the Heart of the Tyne campaign by conquering a four-day trek from Berwick to Tynemouth in order to raise money and awareness for the British Heart Foundation. The BHF has helped halve the number of people dying from heart and circulatory disease in the…
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Kitwave Group, the delivered wholesale business, increased revenues by 20% to £602 million and profit before tax by 40% to £24.9 million in the 12 months ended 31 October 2023. Read full article here
Read full article Kitwave Group increased revenues by 23% to £275 million in the six months ended 30 April 2023. Profit before tax rose by 48% to £8.3 million, and consolidated gross margin improved to 21.6%. Read full article here
Read full article Kitwave Group increased revenues from £380.7 million to £503.1 million in the 12 months ended 31 October 2022. Profit before tax rose from £2.1 million to £17.8 million, and gross profit margin increased from 18% to 20%. Read full article here
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Kitwave Group plc, the delivered wholesale business, is pleased to announce the appointment of Teresa Octavio to the Board as Non-Executive Director, with effect from 1 February 2023. Teresa has a wealth of advisory and board experience and, throughout her career, has been responsible for improving and developing companies’ growth strategy, culture, performance management, governance and organisational effectiveness. Teresa has…
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Kitwave Group plc, the delivered wholesale business, is pleased to announce the appointment of Lucie Milburn as the new Divisional Operations Director of its Frozen & Chilled division. Lucie, a qualified CIMA professional, brings over 17 years of experience within Supply Chain Operations and Finance at FTSE 100 Diageo, having held director level positions in both Operations and Finance. Lucie…
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