Sunday 23 October 2016

The Punt: Ex-Musgrave chief honoured

Published 11/11/2015 | 02:30

Hugh Mackeown
Hugh Mackeown

Former managing director, chief executive and chairman of the Musgrave Group, Hugh Mackeown, has been honoured with an Outstanding Achievement award at Cork Chamber's Dublin dinner.

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Taoiseach Enda Kenny was the keynote speaker at last night's gala dinner.

A frequent addition to the Sunday Independent Rich List, the Mackeown family has about 11pc of SuperValu and Centra operator Musgrave.

Barrie O'Connell, president of Cork Chamber, said he was delighted to add Mr Mackeown to the roll call of business leaders that have been honoured by Cork Chamber including Sean O'Driscoll of Glen Dimplex Group, Brian McCarthy of Fexco, Darina Allen of Ballymaloe and Leslie Buckley of Independent News & Media (the parent company of this newspaper), Digicel and Saongroup.

"Hugh Mackeown has been the driving force behind the growth and development of the Musgrave Group for over 40 years," he said.

Ex-Egg boss Harris in town

TV3 boss David McRedmond and economist Jim Power are among those who'll be speaking next Tuesday at the PWC Business Forum at the Convention Centre Dublin. It will address digital, cyber and business change opportunities and over 600 Irish business leaders are attending.

Also in the line-up is Mike Harris, a former chemist who's also the author of Find Your Lightbulb. He's also a former advisor to the Australian government on cyber attacks. Harris was the founding chief executive of Prudential in the UK and then chief executive of its successor, Egg. He was founding chief executive of First Direct, the telephone banking arm of HSBC, and subsequently the short-lived head of British telecoms firm Mercury.

The conference will also include the launch of PWC's Inaugural Digital IQ Survey, which will reveal how Ireland compares to global companies on all things digital, or so we're told.

The forum then moves from Dublin to other locations with different speakers, including Kilkenny the next day, Limerick on the 25th, and Cork on the 26th.

Milking it on the border

Former Bord na Mona boss Gabriel D'Arcy is forging ahead at the newly created LacPatrick Co-op, where operations straddle the Monaghan-Tyrone border.

LacPatrick was formed in September from a merger of Northern Ireland's Ballyshrane Creamery and Town of Monaghan Co-Op south of the border, and is already planning to invest €42m in its Artigarvan plant outside Strabane.

The investment, billed as the largest for Ulster's dairy sector in a generation, will see state-of-the-art milk processing equipment installed at the facility.

Coleraine-based LacPatrick is headed by Gabriel D'Arcy, who was the chief executive of the Town of Monaghan Co-Op. Ballyshrane chief executive Nigel Kemps is the deputy chief executive of the enlarged group.

Prior to the merger, which took place in September, the Monaghan Co-op processed 500m litres of milk a year sourced from 1,000 farmers on both sides of the border.

The Ballyshrane co-op was one of Northern Ireland's largest milk processors. It supplies dairy products to the Spar and Vivo retail chains, as well as milk to Marks & Spencer outlets across Ireland. Since 1997, the co-op has also produced a specialist hand-crafted Regato cheese for the Greek market.

The Leckpatrick brand which was part of the Monaghan co-op stable is exported to more than 30 countries and it also owns the Champion Milk brand.

A nice case of (milk) pans across the border.

Irish Independent

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