Archive of all Kitwave articles
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News
City snapshot: Sainsbury’s confident of ‘strong’ Christmas as Taste the Difference lifts sales
Sainsbury’s has entered the golden quarter in good shape as its premium Taste the Difference offering helped boost sales in the first half. Plus, first-half results from Tate & Lyle and a trading update from Kitwave
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News
Kitwave Group acquires Creed Foodservice for £60m
The family-owned wholesaler will join Kitwave’s foodservice division
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News
City snapshot: Co-op turnaround strategy gains momentum in first half
Co-op has returned to the black as it boosted food sales and grew membership numbers by almost a million year on year. Plus, Kitwave has acquired family-owned food wholesaler Creed Catering Supplies in a £70m deal
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Interviews
Kitwave CEO Ben Maxted on ‘can-do’ mentality and growth strategy
Kitwave’s boss on the wholesaler’s successful acquisitions strategy, from not buying turnarounds to the secret ingredients of being a good custodian
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News
Kitwave foodservice division joins Country Range Group
Kitwave said in May it was taking its foodservice business out of Unitas
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News
Kitwave sales nudge up as acquisitions drive growth in the north
The growth is partly driven by Kitwave’s most recent acquisitions boosting its presence in the north
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News
Kitwave moves foodservice operations out of Unitas group
The wholesaler will operate its foodservice branch independently but keep its retail and on-trade business with Unitas
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News
City snapshot: Kitwave strengthens foodservice division with Wilds of Oldham deal
Buy-and-build wholesaler Kitwave Group has added another business to its portfolio with the acquisition of Wilds of Oldham. Plus, McBride issues a trading update, CCEP agrees Coca-Cola Beverages Philippines deal and Compass announces “a strong” year.
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News
City snapshot: Kitwave CEO to step down as ‘positive momentum’ continues
Listed wholesaler Kitwave Group has announced its CEO Paul Young will retire at the company’s AGM in March 2024
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News
Kitwave begins construction of 80,000 sq ft warehouse in south west
Construction of the new distribution centre, which is located two miles outside Newton Abbot, is expected to be completed by quarter three of 2024
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News
CIty snapshot: Kitwave acquires foodservice wholesaler WestCountry Food in £29m deal
Kitwave Group has snapped up fresh produce wholesaler WestCountry Food Holdings for £29m to incorporate into the company’s foodservice division. Pkus, Fever-Tree Drinks appoints new chairman.
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News
Kitwave sales up 50% as ‘return to normality’ drives growth
The north east-based operator also said it saw pre-tax profits recover to £5.6m in the six months to 30 April 2022 from a £3.5m loss
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News
Kitwave Group opens new distribution warehouse in Wakefield
The facility will also act as the head office for Kitwave-owned on-trade wholesaler HB Clark
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News
Kitwave acquires Devon-based foodservice supplier MJ Baker
Listed wholesaler Kitwave has acquired Devon-based foodservice supplier MJ Baker Foodservice to grow its presence in the category. The business will be incorporated into Kitwave’s existing foodservice division which currently has the existing trading operations of HB Clark & Co and David Miller Frozen Foods Limited. ...
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News
Kitwave profits better than expected as Covid recovery gains momentum
Kitwave has upgraded profit expectations as trading recovered to pre-pandemic levels and the wholesaler escaped the worst of the HGV driver crisis
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News
Kitwave targeting next acquisition in early 2022
This week the wholesaler posted its inaugural results as a listed company.
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News
City Snapshot: Demand remains strong for Tesco supplier Hilton
Mixed protein supplier Hilton Food Group has made “a strong start” to the year as momentum driven by pandemic tailwinds continued across its global markets. Plus, Kitwave starts trading on the London Stock Exchange following IPO.
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Analysis & Features
What does Kitwave Group’s IPO mean for the business and what comes next?
The family-owned business is only the second food and drink wholesaler to be listed from The Grocer’s Big 30
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News
City Snapshot: Kitwave unveils £105m IPO on London’s junior market
Wholesaler Kitwave has announced it will join the London Stock Exchange in a move valuing the company at £105m. Plus, shoppers return to the high street as Covid restrictions eased and non-essential stores reopened, according to latest footfall data.
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News
Kitwave eyes autumn moving date for HB Clark’s new HQ
The move will see HB Clark relocate from its current 40,000 sq ft depot in Westgate Brewer