Kitwave acquires Total Foodservice for £21 million
Kitwave Group has acquired Total Foodservice Solutions for £21 million. Established over 130 years ago, Total Foodservice offers around 4,000 product lines including chilled, frozen and ambient food, non-food and […]
Kitwave boosts revenues by 20% and profit before tax by 40%
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. […]
Kitwave acquires drinks wholesaler Wilds of Oldham
Kitwave Group has acquired drinks wholesaler Wilds of Oldham. Established for over 25 years, Wilds of Oldham is a family-run wholesaler supplying the on and off-trade. Currently, it has 35 […]
Kitwave increases revenues and gross margin
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 […]
Kitwave increases gross profit margin to 20%
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 […]
Kitwave installs defibrillators at all 30 of its sites
Kitwave Group has installed defibrillators at all 30 of its sites to safeguard the health, safety and welfare of its 1,400 employees across the group. All the devices are registered […]
Kitwave names Lucie Milburn as divisional operations director
Kitwave Group has appointed Lucie Milburn as the new divisional operations director of its frozen & chilled division. Kitwave’s frozen & chilled division comprises two businesses: Eden Farm and Central […]
Kitwave acquires WestCountry Food Holdings
Kitwave Group has acquired WestCountry Food Holdings, a specialist fresh produce wholesaler, for £29 million. Established in 1856, WestCountry has depots in Falmouth, St Austell and Newton Abbot. The wholesaler serves […]
Kitwave returns to profit and boosts revenue by over 50%
Kitwave Group increased revenue by 51.8% to £223.3 million and returned to profit in the six months ended 30 April 2022 (H1). The delivered wholesaler recorded profit after tax at […]
Kitwave predicts full-year results ahead of market expectations
Kitwave Group is predicting that its results for the full financial year will be slightly ahead of market expectations. The delivered wholesale business gave a pre-close trading update for the six-month […]
New Kitwave Wakefield warehouse will be HB Clark’s HQ
Kitwave Group has opened a new distribution warehouse in Wakefield. This facility replaces the group’s previous Wakefield site and will act as the head office for on-trade wholesaler HB Clark. The […]
Kitwave reports that trading has returned to pre-pandemic levels
Kitwave Group achieved revenue of £380.7 million and adjusted operating profit of £7.1 million in the 12 months ended 31 October 2021. The company is using the 18 months to […]
