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.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2014
Rank158
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%)
Staff299
Founded1987
Websitewww.kitwave.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda