The Independents Independent Wholesaler
We are proud to announce that Kitwave Group’s IPO on the AIM market of the London Stock Exchange in May has been recognised as ‘Deal of the Year (above £10m)’ at Insider’s North East Dealmakers Awards 2021. The judges felt that, as one of very few IPOs completed in the North East, the deal is a significant boost for the local market….
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AIM listings have a habit of flying under the radar, and this week’s admission to the London market for established independent wholesaler, Kitwave, is no exception. The day turned out to be a success and shares have moved up since the flotation.
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Kitwave Group’s move to go public last week and list on London’s junior AIM market is big news for wholesale. The family-owned business is only the second food and drink wholesaler to be listed from The Grocer’s Big 30 Wholesalers, following Booker, which trades as Tesco. The Initial Public Offering has seen “strong investors” pour £82m into the North Tyneside-based…
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Kitwave-owned on-trade wholesaler HB Clark will be moving to its new Wakefield Hub premises in the autumn after three years of planning. The move will see HB Clark relocate from its current 40,000 sq ft depot in Westgate Brewery, Wakefield to a 65,000 sq ft purpose-built site just under a mile away. The Grocer understands the new premises has cost…
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It’s been a bloody battlefield for the wholesale sector in the pandemic. What’s happened and what’s the outlook? Read full article
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Kitwave Wholesale Group has appointed Mark Earl to the new role of group financial controller, with Laura Wilson-Bell stepping into his previous position as finance director at the group’s chilled and frozen operator, Eden Farm. Earl will report directly to group CFO David Brind and will have day-to-day control along with financial management, while Brind will have a wider strategic…
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Kitwave Wholesale Group, the leading independents’ independent wholesaler, is pleased to announce another year of record financial results for the year ended 30 April 19. The group which was recently named as number 47 in the Sunday Times Top Track 250 list of Britain’s leading privately owned mid-market growth companies, has now reported its 8th year of consecutive growth. During the…
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Hot on the heels of the purchase of Central Supplies, North Tyneside based wholesaler Kitwave has continued its expansion activity with the purchase of Alpine Fine Foods Limited, a foodservice operator providing a quality food wholesale and delivery service to a multitude of businesses across the Humberside and Yorkshire regions. Alpine based in Hull, which has a turnover of around…
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North Tyneside based wholesaler Kitwave has continued its expansion plans with an investment in Central Supplies one of the UK’s largest independent chilled product wholesalers. Central Supplies, based near Birmingham, which has a turnover of around £50m, is a highly respected wholesale supplier of chilled products to the retail and wholesale sectors. They operate across the UK from 2 depots…
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H.B Clark have launched a mobile app which has proved an instant hit with their customers. Users can now log on to place an order on their mobile phone by easily navigating through product groups, NPD’s, must stocks, customer favourite lists and promotions. Users can also use the mobile phone’s camera to scan the product’s barcode to add it to…
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