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Kitwave has clearly broken into its stride in terms of acquisitions. Last month it announced the second one for FY22 when it acquired WestCountry Food for £29m cash. WestCountry is a leading wholesaler of local, regional and imported fresh produce to the foodservice sector based in three depots in the South West of England. In the year to 1 J... ...
One company that seems to be coping well in tough conditions and creating a strong platform for future growth is Kitwave, a wholesale business specialising in distributing products ranging from soft drinks and cigarettes, to chilled, frozen and fresh foods.Despite inflationary pressures on food it has seen four upgrades since floating on AIM las... ...
Kitwave (KITW; 159p), an independent delivered wholesale business, joined AIM on 24 May. The business is the brainchild of chief executive Paul Young, an accountant who bought a small cash and carry confectionery business, M&M Value, in 1987. The business grew fairly slowly until 2011 when it completed a round of private equity and You... ...