Endless completed the acquisition of KTC from Lloyds Banking Group.

Endless, a private equity firm, completed the acquisition of KTC, an independent manufacturer and distributor of edible oils, from Lloyds Banking Group, a British financial institution. Financial terms were not disclosed. “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,” Paresh Mehta, KTC CEO.