One Equity Partners portfolio company Kitwave Wholesale Group recently completed the acquisition of Scottish food wholesaler Fife Creamery Ltd. This acquisition supports Kitwave’s growth strategy and strengthens its presence in the hospitality and retail sectors across Scotland. https://lnkd.in/e5ZzRj4Z
We're pleased to announce that Kitwave Group has acquired Fife Creamery Ltd, one of Scotland's most respected food wholesalers! Founded by the Simpson family in 1957, the business has spent almost 70 years building a strong reputation across Scottish retail and hospitality. The Kirkcaldy-based wholesaler will continue to trade under its own name, with the same teams, contacts and day-to-day service its customers know and trust. Our approach is a simple one. We back established, well-run businesses with the investment and scale to keep growing, while protecting the people, values and service that made them successful in the first place. It's a natural fit. Ben Maxted, CEO at Kitwave Group, said: "Fife Creamery has established itself as one of Scotland's most respected food wholesalers, with a strong market position, an experienced leadership team and a customer-focused approach that aligns closely with our own values. This acquisition strengthens our presence in Scotland and represents an important step in our long-term growth strategy. We look forward to working closely with the team in Kirkcaldy and investing in the business as it continues to build on its success." A warm welcome to the whole team. We're just getting started. #Kitwave #Leadership #GrowthStrategy #Wholesale #Acquisition