Kitwave, a wholesaler backed by NVM Private Equity, has acquired Teatime Tasties, a wholesaler of biscuits, cakes, confectionary and soft drinks.
NVM Private Equity originally invested £7.5m in Kitwave, a wholesaler of confectionary, soft drinks, alcohol and tobacco, in 2011. The firm has grown acquisitively following a bolt-on strategy and now...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m