- Monday, April 29, 2024
By: Radhakrishna N S
By Jaimin Solanki
ONE of the UK’s largest independent wholesalers, Dhamecha Cash & Carry, has acquired a depot in east London from rival TRS.
The site in Leyton will be Dhamecha’s 10th unit in the country; it currently operates seven sites in London and branches in Birmingham and Leicester.
According to reports, the completion of the deal is expected to take place by the end of February.
Dhamecha Group bought the site from private equity firm Exponent, which acquired TRS and East End Foods in 2019. Exponent created a new business called Vibrant Foods to bring the TRS and East End businesses together.
Chief executive of the group, Pradip Dhamecha, said the deal included a provision to sell a selection of TRS and East End-branded products.
He added that they are planning to fully refurbish the site over several months before opening.
“We have been in discussions with TRS and their owners, Vibrant Foods, for a period of time and are excited to make this addition to our group. The depot will close for several months for renovation and refurbishment. We look forward to welcoming both new and existing customers when the depot re-opens later in 2021,” said Dhamecha.
“As part of the acquisition of the new depot, we are also delighted that we will be able to provide a good selection of TRS and East End branded products in our depots. As we expand our footprint, we will continue to build on our reputation for excellent service, competitive pricing and great stock availability. We look forward to working closely with all our customers, suppliers and colleagues.”
Dhamecha Cash & Carry was established in 1976 by three brothers KR, SR and JR Dhamecha, when they opened their first unit in Wembley. It has around 14,000 trade-only customers and offers a range of more than 12,000 branded products.
