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This wholesaler and cash and carry firm bought frozen food and ice cream firm Eden Farm in February, its fourth acquisition since 2011, when NVM Private Equity invested £7.5m to help it expand. Chief executive Paul Young, 56, founded the company in 1987 as an acquisition vehicle to buy confectionery business M&M Value.

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Company details
CompanyKitwave Wholesale Group
ActivityFood and drink wholesaler
LocationNorth Shields
Sales £m193.1
Operating profit £m3.8
Main shareholdersPaul Young (56%), NVM Private Equity (40%), David Brind and David Brock (4%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda