Midlands-based Hyperama plc has sold its Peterborough-based cash and carry division to Holland Bazaar.
The sale is part of a move by Holland Bazaar to expand its own cash and carry operations outside of its home city of London.
Hyperama is one of the biggest wholesalers of groceries, wines, spirits, tobacco and household goods in the UK 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.