Business Irish

Thursday 18 September 2014

Almost 90 jobs saved as Musgrave takes over two Supervalu stores in receivership

Published 11/12/2012 | 12:43

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CORK-BASED retailer Musgrave has acquired two Supervalu stores that went into receivership last year, saving 86 jobs.

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The outlets are located in Clonmel, Co Tipperary and Thomastown, Co Kilkenny.

The Kilkenny premises was placed in receivership last year. The supermarket was run by GBC Supermarkets, which had been controlled by John Fahrer and John Ronan. One of their companies also developed the site.

The Supervalu in Clonmel had been operated by a firm called Peleton, which was also placed in receivership last year. Peleton was 50pc owned by Mr Ronan. He was also the owner of the controversial Vita Cortex business in Cork where workers were involved in a sit-in over Christmas last year after the foam manufacturing factory shut down.

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