Kitwave Group acquires Wilds of Oldham
Kitwave, the delivered wholesale business, has acquired the entire issued share capital of WLG (Holdings) Limited, which trades as drinks wholesaler Wilds of Oldham
Established for more than 25 years, Wilds of Oldham is a composite, family-run drinks wholesaler supplying the on-and-off trade. Based in Oldham, Manchester, the company currently has 35 members of staff, with 11 fleet vehicles that deliver to customers within a 50-mile radius of its warehouse in Oldham. In the financial year ended 30 September 2022, the business had a turnover of £10.2 million.
The acquisition will be incorporated into Kitwave’s existing foodservice on-trade business H.B. Clark & Co.
Commenting on the acquisition, Kitwave’s CEO Paul Young (pictured top) said: “We are delighted to announce the acquisition of Wilds of Oldham, which will assist in the distribution of HB Clark’s alcohol and soft drinks products throughout the North West. Wilds of Oldham is a proven, successful business that will make a strong addition to our Foodservice division.
“At Kitwave, we remain focused on capitalising on the fragmented UK wholesale market and will continue to identify the best opportunities to deliver the most value for our stakeholders.
“We are looking forward to working closely with the Wilds of Oldham team and integrating the business into the Group’s Foodservice division.”acquisition Kitwave Group Wilds of Oldham