Caterite's food service delivery capabilities in the Lake District and other northern UK regions complement Classic Fine Foods UK's (CFF UK) offering, accelerating METRO’s nationwide FSD expansion covering England, Scotland and Wales
With a focus on local assortment, value-added services and high-quality fresh food, Caterite generated revenues of GBP 44 million in 2023, along with low single digit million EBITDA and free cash flow
A local specialist with around 200 employees, Caterite serves over 2,000 mostly independent customers in the premium and masstige HoReCa segments
The acquisition supports the sCore goal of increasing METRO's FSD share of total sales to 33% by 2030
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