Private Equity buyout
Food & Beverage
Spayne Lindsay & Co. is delighted to announce that it has supported Endless on the acquisition of K.T.C. Edibles (“KTC”), a leading supplier of cooking oil and world food products to major retailers.
KTC is one of the UK’s largest suppliers of edible oil, supplying over 250 million litres a year to manufacturers, retailers and wholesalers across the UK and globally. Headquartered in Wednesbury (West Midlands) and established in 1972, the founding family have grown the business to over £400 million turnover, four production sites and 450 employees.
Endless’ acquisition of KTC will provide additional investment for the company’s ambitious growth plans through further development of its operations, range and service offerings.
Aidan Robson, Partner at Endless, added: “We are thrilled to have been given the opportunity to acquire KTC. Through its strong relationships with suppliers and customers, KTC has demonstrated its importance to the UK food industry at a time of increasing volatility across the global food market. We look forward to supporting Paresh and the wider KTC team as we build upon the excellent platform laid down by the founding family.”