Private equity firm One Equity Partners (OEP) has completed the acquisition of Kitwave Group plc, a UK-based wholesale distributor of food, beverages, and other consumables serving both foodservice and retail customers.
Founded in 1987, Kitwave operates across three primary segments: foodservice, supplying restaurants, bars, and leisure outlets; frozen and chilled, distributing fresh and frozen products to retail clients; and ambient, delivering packaged goods such as snacks, soft drinks, confectionery, and tobacco to independent convenience stores and grocery chains. The company manages 37 facilities across the UK and a fleet of 650 delivery vehicles, fulfilling more than 6,500 orders daily.
Steve Lunau, Partner at OEP, said the acquisition reflects the firm’s confidence in Kitwave’s strong operational foundation and growth potential.
