Musgrave Group Explained
| Musgrave Group Ltd. |
| Former Name: | Musgrave Brothers Ltd. |
| Type: | Private |
| Foundation: | 1876 |
| Founder: | Thomas and Stuart Musgrave |
| Location: | Cork, Ireland |
| Key People: | Noel Keeley, Chief executive officer |
| Area Served: | Ireland
Spain |
| Industry: | Wholesale |
| Products: | Groceries, fresh food, etc. |
| Owner: | Musgrave family (76%)
Senior executives and Financial Institutions (24%)[1] |
Musgrave Group Ltd. is an Irish food wholesaler, founded in Cork by the Musgrave brothers, Thomas and Stuart in 1876.[2] It is currently Ireland's largest grocery distributor,[3] with operations in Ireland and Spain with estimated annual sales of over €4 billion.[4] The current CEO (as of 2019) is Noel Keeley.[5] Today, the company is still largely-owned by the Musgrave family.[6]
Divisions
The overall business is currently made up of four divisions:
- Musgrave Group is the controlling company of Musgrave, headquartered at Ballycurreen, County Cork, Ireland.[7]
- Musgrave Retail Partners Ireland operates, mostly on a symbol group model, the Centra and SuperValu supermarkets in both the Republic of Ireland and Northern Ireland, and the Mace brand in Northern Ireland.[8] [9] This division is headquartered at the Tramore Road in Cork. This is also the site of one of three distribution centres, the others being in Kilcock, County Kildare and one in Belfast to service Northern Ireland. They closed a centre in Galway in 2010.[10]
- Musgrave Wholesale Partners operates the Musgrave MarketPlace cash and carries, Daybreak convenience shops, Day-Today & XL Stop and Shop (Northern Ireland only) convenience shops and Musgrave Foodservices. This division is headquartered at Ballymun, Dublin. There are Marketplace sites in Cork, Waterford, Limerick, Galway, Ballymun, Dun Laoighaire and Clondalkin in the Republic of Ireland. There are also three Marketplace branches in Northern Ireland in Belfast, Derry and Lurgan.[11]
- Musgrave Retail Partners España operates from a base in Elche in south-east of Spain, and operates Dialsur, and a Cash & Carry chain.[12] [13]
The small Donnybrook Fair chain of premium supermarkets was bought in 2018 but is not expected to be integrated with the existing brands.
Former divisions
- Musgrave Operating Partners Ireland operated the Superquinn chain from July 2011 until 13 February 2014, when all stores became SuperValu.[14]
- Musgrave Retail Partners GB operated the Londis stores and Budgens supermarkets in the United Kingdom until it was sold to Booker Group in 2015.[15]
See also
Notes and References
- Web site: About Us. Musgrave Group. 13 December 2019.
- Web site: Three houses and special gardens at West Cork seaside spread. Tommy Barker. Irish Examiner. 21 February 2015. 13 December 2019.
- Web site: The Top Food Companies on Top1000.ie.
- Web site: Musgrave on Top1000.ie.
- News: Musgrave Group unveils Noel Keeley as new CEO.
- News: Banking plan latest smart move by Cork merchant prince family. Ralph Riegel. Irish Independent. 24 November 2013. 13 December 2019.
- News: SuperValu owner appetite for family restaurant expansion. Donal O'Donovan. Irish Independent. 24 May 2018. 13 December 2019.
- News: Musgrave trebles its profits in the North. Mark Paul. Irish Times. 15 September 2018. 13 December 2019.
- News: Musgrave plans more retail brands. Geoff Percival. Irish Examiner. 23 May 2018. 13 December 2019.
- News: Fri, Mar 05, 2010 - Musgrave to shed 143 jobs in Galway. Lorna Siggins. The Irish Times. 3 March 2010. 13 December 2019.
- News: Musgrave expands in North with acquisition of food wholesaler. Caroline Madden. The Irish Times. 7 July 2007. 13 December 2019.
- News: Brexit could fuel a cross-border shopping exodus - Musgrave CEO. John Mulligan. Irish Independent. 29 August 2016. 13 December 2019.
- News: SuperValu products to go on sale in Bahrain in €5m deal. Peter Hamilton. The Irish Times. 13 April 2018. 13 December 2019.
- News: Superquinn loses top man to Dunnes in store war. John Mulligan. Irish Independent. 15 December 2013. 13 December 2019.
- News: Booker Group to buy Budgens and Londis. BBC News. 21 May 2015. 13 December 2019.
