The Competition and Consumer Protection Commission has cleared the acquisition of gourmet store operator Donnybrook Fair by Ireland’s Musgrave Group.
Musgrave Group public limited company, through its wholly owned subsidiary Superquinn Limited, will now acquire sole control of Donnybrook Fair Limited and its subsidiaries.
In September of this year, Musgrave had announced that it would acquire the gourmet store operator, subject to approval of the CCPC.
According to the Commission, the transaction will not substantially lessen competition in any market for goods or services in the state.
Donnybrook Fair operates five gourmet stores located around the Irish capital, Dublin, in Donnybrook, Stillorgan, Malahide, Greystones and Baggot Street, as well as a food production facility.
The retailer, which is owned by independent operators Joe and Mary Doyle, employs 250 people.
© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.