The corporate finance team of PKF Smith Cooper has supported Hyperama plc on the sale of its cash and carry division to the London-based Dhamecha Group.
Hyperama’s Nottingham and West Bromwich depots will bolster Dhamecha’s presence in the Midlands, boosting the number of its cash and carry branches to 12.
Hyperama is a wholesaler of groceries, wines, spirits, tobacco and household goods and a big importer and distributor of Asian food. It operates depots across the Midlands from its base in Nottingham. Accounts for 2021 showed sales of more than £141 million and a pre-tax loss of £200,000.
