It is one of Nottinghamshire's biggest companies
Nottingham-based firm Hyperama plc has sold its Lenton cash and carry division to London-based Dhamecha Group. Hyperama’s Nottingham and West Bromwich branches have both been sold to the London-based group and will take its number of cash and carry branches to 12.“I am delighted to announce the sale of these two depots to Dhamecha Group,” said Marcus Singh, Managing Director of Hyperama. “I could not have wished for a better business to acquire the sites and take the business forward.
Marcus added: “I am thrilled to have completed the divestment of the cash and carry divisions within Hyperama. I have built a strong relationship with the corporate finance team at PKF Smith Cooper, having utilised the team’s knowledge, commitment and drive to both acquire and divest a number of our family’s business interests."
Tom Joy, Senior Corporate Finance Manager at PKF Smith Cooper, comments: “It has been a pleasure to support Hyperama in the sale of its cash and carry divisions to both Dhamecha and Holland Bazaar. It is great to see the respective divisions find the right home, with both acquirers keen to continue to invest and develop their business in the Midlands.”
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