When was ALPINE FINE FOODS acquired by KITWAVE GROUP?

ALPINE FINE FOODS was acquired by KITWAVE GROUP in 2017.

What was the revenue of ALPINE FINE FOODS at the time of the deal?

The revenue of ALPINE FINE FOODS at the time of the deal is estimated to be in the range of 5M - 25M GBP.

How is the data for the ALPINE FINE FOODS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ALPINE FINE FOODS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.kitwave.co.uk/kitwave-wholesale-group-expands-food-service-offering-with-acquisition-of-alpine-fine-foods/

← DATABASE

Home Database Business ServicesALPINE FINE FOODS

05/2017

ALPINE FINE FOODS acquired by KITWAVE GROUP

UNITED KINGDOM B2B Specialized Distribution REV 5M - 25M GBP

Context

The acquisition of Alpine Fine Foods by Kitwave signifies a major territorial advancement for the group’s Foodservice division. The strategic logic of this transaction hinges on a "geographic-locking" maneuver, merging the target’s technical operational depth in the Humberside region with the acquirer’s established logistics framework and the existing footprint of Miller Food Service in York. This structural alignment provides the combined entity with the logistical hardware and category-specific talent necessary to address the increasing demand for integrated multi-temperature supply solutions in the North of England.

ALPINE FINE FOODS, which reported an EBITDA margin of in 2016, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.6x).

-> Deep-dive in Business Services market trends

Target

Alpine Fine Foods Limited operates as a specialized foodservice delivery platform within the Humberside and Yorkshire regions. The organization specializes in the technical distribution of a diverse product mix, ranging from ambient and frozen goods to fresh produce and butchery. Its value proposition resides in its ability to maintain high-frequency fulfillment for a variety of hospitality and institutional clients, ensuring consistent product availability and service reliability. Rather than functioning as a generalist distributor, the firm utilizes a regionalized logistics network to manage the complex requirements of fresh and temperature-sensitive food supply.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2016

2015

Similar deals in B2B Specialized Distribution

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
09/2019	KITWAVE GROUP	CENTRAL SUPPLIES	UNITED KINGDOM	B2B Specialized Distribution
07/2019	CAPZA	ITAL EXPRESS	FRANCE	B2B Specialized Distribution
07/2019	MIDSONA	PANZANI ALIMENTATION SANTÉ	FRANCE	B2B Specialized Distribution
06/2018	IMCD	E.T. HORN	UNITED STATES	B2B Specialized Distribution
07/2017	EQUISTONE	GROUPE BRUNEAU	FRANCE	Office Supplies & Furniture
12/2016	NAXICAP PARTNERS	ECF GROUP	FRANCE	Hospitality Supplies
09/2016	KITWAVE GROUP	H B CLARK	UNITED KINGDOM	B2B Specialized Distribution
08/2016	PERRIGO COMPANY	GEISS DESTIN & DUNN (GDD)	UNITED STATES	B2B Specialized Distribution
09/2014	AZULIS CAPITAL	ITAL EXPRESS	FRANCE	B2B Specialized Distribution
09/2008	GROUPE LFPI	ITAL EXPRESS	FRANCE	B2B Specialized Distribution

REFERENCES

Revenue range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALPINE FINE FOODS by KITWAVE GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: kitwave group