Marcus Singh sells two remaining Hyperama depots to Dhamacha

Hyperama has sold its two remaining depots – at Nottingham and West Bromwich – to Dhamecha Group for an undisclosed sum.

The sale, effective 14 November, follows the recent sale of Hyperama’s Peterborough depot to London-based Holland Bazaar and Hyperama’s foodservice delivered business Tiger Foodservice to Birmingham-based Giro Foods.

Hyperama’s managing director Marcus Singh commented: “I am delighted to announce the sale of these two depots to Dhamecha Group. I could not have wished for a better business to acquire the sites and take the business forward. Dhamecha is a fantastic operator and has successfully expanded already into the Midlands and I know I am leaving my employees, customers and suppliers in good hands.

“I would like to take this opportunity to give thanks to God, my parents, and grandparents for providing me with this platform and my supportive wife. I am looking forward now to turning the page onto the next chapter of our business development.”

Singh will remain a Unitas Wholesale member with his JK Foods East Asian foods distribution business.

John Kinney, managing director of Unitas Wholesale, said: “This is a great acquisition for Dhamecha Group as they continue with their expansion plans outside of London. Knowing the Dhamecha business as I do, I know they will be successful in Nottingham and West Bromwich, and this is only good news for the existing customers in the region and our suppliers who work with them, as I expect to see significant growth from these two sites once the Dhamecha team is fully up and running.”

Published Date: November 3, 2022

Category: Wholesale Industry News