Kitwave Group PLC: Investor Update Video
Join Ben Maxted and David Brind as they sit down with Investor Meet Company to talk through the Kitwave Group PLC Investor Presentation.
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Wholesale business Kitwave has announced growth in revenues and profit during what it described as a year of “delivering investment and driving growth”
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’s Strategic Acquisitions: Shaping the Future of the Food and Drink Industry
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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Creed Foodservice Limited wins at The Federation of Wholesaler Distributors 2024
Congratulations to Creed Foodservice Limited for winning the ‘Diversity in Wholesale award’ in the FWD 2024. The award signals the commitment in fostering an inclusive and dynamic workplace and we are proud of the work the Creed team has in place. A special mention goes to Bronwyn Harwood for winning Telesales Star and Joseph Oliver for being named Emerging Talent.
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Kitwave expands its FoodService operations as it moves into the new 80,000 sq. ft depot
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
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
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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Kitwave joins Country Range Group
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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North East Times: Interview with chief executive Ben Maxted
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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Acquisition of Total Foodservice Solutions Limited
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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