LONDON, UK: Kitwave Group plc (AIM: KITW), the delivered wholesale business, has acquired the entire issued share capital of Total Foodservice Solutions Limited, a leading independent food wholesaler in the North of England. The total gross consideration payable for the acquisition is £21.0 million in cash and has been funded from the Group’s current banking…
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Kitwave Group buys M.J. Baker Foodservice for £24.5mn
LONDON: Kitwave Group plc (AIM: KITW) has acquired the entire issued share capital of M.J. Baker Foodservice Limited (M.J.Baker), the West Country’s leading independent foodservice supplier for £24.5 million in cash. M.J. Baker Foodservice offers over 3,500 products in ambient, chilled and frozen foods, together with alcohol, confectionery and non-food items. The leading brands are…