North Shields, UK: Kitwave Wholesale Group is to acquire Creed Foodservice which supplies a wide range of products and services to caterers and chefs, including frozen and chilled.
Kitwave says the move will “significantly expand our geographical presence, bridging our operations in the North and South and creating a fully integrated national delivery network”.
Chris Creed, chief executive of Creed Foodservice, said: “We have been evaluating our plans to take our business to the next stage for some time now and are delighted to be able to share our growth plans.
“Our objectives have always been to keep the Creed name, remain a member of the Country Range Group, secure the right investment and strengthen our infrastructure and capacity to secure our long-term growth; and I’m pleased to say that all these goals have been achieved.”
Ben Maxted, chief executive at Kitwave Wholesale Group, said: “Creed has an exceptional heritage and is one of the UK’s leading foodservice wholesalers, so we are delighted to have reached this agreement, which will extend our Foodservice division. Strategically, Creed will. We are excited to see our Foodservice division continue to go from strength to strength.”
