Pavan Sharma Raglan Ltd has purchased the Raglan SuperValue. Pavan Sharma Raglan is a new business which was registered on 6 November. Richard Jacobsen the previous owner of the Raglan SuperValue business has confirmed that he has sold. The building housing the supermarket is still owned by the Petchell Family Trust.
While Pavan Sharma Raglan’s registered office is in Hamilton, the only listed Director is successful Te Kuiti businessman Sanjay Sharma. Mr Sharma is a Director of thirteen companies including a property investment company, a Te Kuiti liquor store, a cool store company, an asphalting business and a Te Kuiti supermarket.
Pavan Sharma Raglan is owned by Sanjay and Rajni SHARMA of Te Kuiti and by OAC Trustees Ltd which is in turn owned by lawyers Peter ATTEWELL of Whakatane and Stephen CLEWS of Ohope. It is understood that Mr Sharma has lived in Raglan before and at that time was an employee of Petchell’s Supermarket.
Thanks for keeping us abreast of developments, Roger!