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. Established in 1972, the founding family have grown the business to over £400 million turnover, four production sites and 450 employees.
Paresh Mehta CEO of KTC Edibles Limited said, “This is fantastic news for KTC. While it is business as usual, we are excited by the opportunities new ownership will bring and we look forward to continuing our rapid growth and development. We would also like to thank the Khera family for building such a strong business and supporting the company and its employees over the last 50 years.
“ 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, Managing Partner of Endless, together with his team will be supporting myself and the wider KTC team to build upon the excellent platform laid down by the founding family.
“The investment in KTC adds another exceptional British food business to Endless’ existing portfolio, which includes Hovis, Bright Blue Foods and Yorkshire Premier Meat. All of us at KTC want to personally say a big thank you for your continued business, and we look forward to continuing our successful partnerships.”
