Musgrave, the owner of SuperValu and Centra, today announced that it has agreed to acquire family-owned business, Donnybrook Fair, for an undisclosed sum.
The acquisition includes Donnybrook Fair’s five premium food stores (Donnybrook, Stillorgan, Malahide, Greystones and Baggot Street) situated in Dublin as well as a gourmet food production facility.
Owned by husband and wife team, Joe and Mary Doyle, Donnybrook Fair employs 250 people. The business also operates a wholesale food business, a cookery school and catering business.
Commenting on the agreement, Chris Martin, Musgrave CEO, said: “Donnybrook Fair represents a fantastic addition to Musgrave. With its focus on creating a destination retail experience as well as a premium food offering, it aligns with our Growing Good Business strategy. We are looking forward to taking it to the next stage of development.”
Joe Doyle added: "Musgrave is as passionate as we are about the heritage and future of Irish food. We share Musgrave’s vision to give people access to high-quality and innovative food experiences at home, on the go, or in-store. I look forward to working in partnership with the Musgrave team to grow the Donnybrook Fair brand.”