When was CENTRAL SUPPLIES acquired by KITWAVE GROUP?

CENTRAL SUPPLIES was acquired by KITWAVE GROUP in 2019.

What was the revenue of CENTRAL SUPPLIES at the time of the deal?

The revenue of CENTRAL SUPPLIES at the time of the deal is estimated to be in the range of 50M - 100M GBP.

How is the data for the CENTRAL SUPPLIES 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 CENTRAL SUPPLIES 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-convenience-offering-with-acquisition-of-chilled-operator/

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09/2019

CENTRAL SUPPLIES acquired by KITWAVE GROUP

UNITED KINGDOM B2B Specialized Distribution REV 50M - 100M GBP

Context

ntegrating Central Supplies into the Kitwave Group infrastructure secures a decisive logistical foothold in the UK chilled food landscape. This strategic maneuver establishes a complementary service offering that sits parallel to the group's industry-leading frozen operations, effectively removing the category friction for independent customers seeking a unified temperature-controlled supply chain. By unifying the target’s West Midlands technical operational depth with the group's national delivery framework, the organization constructs a comprehensive "multi-temp" platform optimized for high-frequency fulfillment.

By taking control of Central Supplies, Kitwave Group continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Alpine Fine Foods in 2017.

CENTRAL SUPPLIES, which reported an EBITDA margin of in 2019, 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 (11.4x).

-> Deep-dive in Business Services market trends

Target

Central Supplies functions as a high-fidelity chilled distribution platform serving the UK retail and wholesale sectors. The organization specializes in the technical logistical management of short-shelf-life products, primarily focusing on dairy, yoghurts, and cold meats. Rather than operating as a generalist distributor, the firm utilizes a specialized multi-depot infrastructure designed to maintain strict cold-chain integrity from point of procurement to final delivery. Its value proposition resides in its ability to provide a "quality delivered solution" that meets the rigorous safety and freshness requirements of independent grocery and convenience channels.

Ent. Value

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2019

2018

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06/2018	IMCD	E.T. HORN	UNITED STATES	B2B Specialized Distribution
07/2017	EQUISTONE	GROUPE BRUNEAU	FRANCE	Office Supplies & Furniture
05/2017	KITWAVE GROUP	ALPINE FINE FOODS	UNITED KINGDOM	B2B Specialized Distribution
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

REFERENCES

Revenue range: 50M - 100M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CENTRAL SUPPLIES 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