Dhamecha to acquire two Hyperama depots

Dhamecha is set to purchase Hyperama‘s depots in West Bromwich and Nottingham, industry sources have confirmed.

The unnamed sources told our sister website betterRetailing that Dhamecha is in the advanced stages of completing the deal, whilst in separate accounts filed for the 31 January 2022, Hyperama confirmed it was in the process of selling sites in West Bromwich and Nottingham, while closing its Bring Me Drink online alcohol service.

Birmingham-based foodservice company Giro Foods recently acquired Tiger Foods from Hyperama and the wholesaler also recently joined foodservice buying group Caterforce as its eighth member, with its delivered foodservice, catering and quick serve food operations moving across in April last year.

Read more: Hyperama joins Caterforce

The statement from Hyperama said: “The group has experienced a challenging year, with the ongoing increases in supply chain and freight costs. This has resulted in the group breaching its covenants during the year. The ongoing economic volatility has impacted upon the group’s post-year end results and has resulted in the directors re-assessing the group’s strategic aims, including a review of each division to assess its overall contribution to the group and to implement efficiencies and streamline costs.”

A Hyperama spokesperson said the company could “neither confirm nor deny” the sale of the two remaining depots. Dhamecha has been approached for comment.

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Alex Yau has four years of experience breaking exclusive news stories across the retail, wholesale and telecommunications markets. He is a wholesale and convenience expert, and has interviewed c-level executives from Booker, Tesco, Spar, Co-op, EE, BT, Vodafone and Samsung, alongside Labour leader Jeremy Corbyn. Alex can be reached on alex.yau@newtrade.co.uk or www.linkedin.com/in/alexianyau

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