Musgrave, one of the largest family-owned companies in Ireland, has bought out the retail and property business of the Caulfield McCarthy Retail Group. So, what is prompting the deal? Musgrave, which owns SuperValu, Centra, and Donnybrook Fair brands, has more than 1,250 shops in its network, and acts as a wholesaler to the vast majority – around 90 per cent – of these. Founded in 1876, the company also owns Mace in Northern Ireland and operates the Dialprix brand in Spain, as well as ventures in the Middle East. After spending €40 million on renovations and new store openings in 2021,…

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