Kitwave is a grocery wholesaler which has a strategy of consolidating smaller wholesale businesses. The company has less than 2% market share in UK grocery and foodservice wholesaling, although it is 4% in the frozen food market. Kitwave is the 14th largest UK grocery wholesaler.
There is an experienced management team that understands its markets. Kitwave has a solid track record and moving into areas such as frozen food has improved margins.
The flotation should increase the profile of ...
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