NVM-backed Kitwave Acquires Automatic Retailing
Kitwave Limited, a wholesaler of tobacco, alcohol, confectionery and soft drinks, has acquired Automatic Retailing, a seller of confectionery and soft drinks to the automatic vending industry. UK-based NVM Private Equity Limited (NVM) in March invested 7.5 million pounds (US$ 11.5 million) in Kitwave to support the Group’s strategy to continue growth through consolidation.
4 October 2011•2 mins read
