The Independents Independent Wholesaler

Wholesale business Kitwave has announced growth in revenues and profit during what it described as a year of “delivering investment and driving growth”

Published on 4/3/2025

The North Shields-based firm released its final results for the year ending October 31 in which revenues increased by 10.2% to £663.7m. The company’s operating profit fell slightly over that period to £28.8m. To read more, click the link below: https://www.business-live.co.uk/enterprise/kitwave-revenues-increase-year-investment-31123458

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Kitwave expands its FoodService operations as it moves into the new 80,000 sq. ft depot

Published on 8/10/2024

Kitwave Group plc, the delivered wholesale business, is pleased to announce that it is expanding its FoodService division’s operations in the South West of England by leasing two new warehouses on the Ugbrooke Business Park, situated south of Exeter between Kingsteignton and Chudleigh.Over the past two years, Kitwave has made two strategic acquisitions in the region – WestCountry Foods Holdings…

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Agreed to acquire Creed Catering Supplies Limited

Published on 25/9/2024

Kitwave Group plc, the delivered wholesale business, is pleased to announce that Kitwave Limited, a subsidiary of the Company, has agreed to acquire the entire issued share capital of Creed Catering Supplies Limited (“Creed”) from the shareholders of Creed, a leading independent food wholesaler in the South of England. The initial consideration payable for the Acquisition is £60.0 million in cash, with…

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The Grocer: Interview with chief executive Ben Maxted

Published on 27/7/2024

Ben Maxted, CEO of Kitwave recently spoke to the Grocer about Kitwave’s ‘can-do’ mentality and growth strategy, whilst going into detail about the Kitwave business model. Click here to read the full interview via subscription to the Grocer: https://www.thegrocer.co.uk/big-interview/kitwave-ceo-ben-maxted-on-can-do-mentality-and-growth-strategy/693803.article

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Acquisition of WLG (Holdings) Limited

Published on 20/11/2023

Kitwave Group plc is pleased to announce that the Group has acquired the entire issued share capital of WLG (Holdings) Limited, which trades as Wilds of Oldham (“Wilds of Oldham”), a composite drinks wholesaler (the “Acquisition”). The total gross consideration for the Acquisition, payable in cash, has been funded from the Group’s current banking facilities.Established for over 25 years, Wilds…

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Kitwave wins AIM Growth Business of the Year Award

Published on 15/10/2023

Kitwave Group plc, the delivered wholesale business, is pleased to announce that it has won ‘AIM Growth Business of the Year’ at the AIM Awards 2023 event held on 12 October 2023. The event was held at Old Billingsgate in the City of London, hosted by television presenter and journalist Louise Minchin. Celebrating 28 years, the AIM Awards, in association…

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Kitwave – Expanding business

Published on 20/6/2022

Delivered wholesale business Kitwave is now 35 years old and serves around 39,000 mainly independent customers. Kitwave has opened a new distribution warehouse in Wakefield which will help the business grow its on-trade foodservice offering. In February, the wholesaler acquired M.J. Baker, expanding the group’s activities into the southwest of England. Ben Maxted, COO at Kitwave, tells Wholesale Manager what…

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