No changes to employment conditions for Superquinn staff

Staff at Superquinn have been told that there will be no change to their terms and conditions, or their pensions, under the takeover by Musgraves.

2,800 people work at the chain, which went into receivership last night.

However, the Musgrave group, which is third in the market, has confirmed it wants to takeover 23 Superquinn stores and retain the workforce.

The takeover will have to be approved by the Competition Authority before it can be finalised.

CEO of Superquinn Andrew Street says staff concerns are now allayed.

"I think staff are very relieved to know that there jobs and pensions are safe," said Mr Street.

"Their future prospects are safe in the hands of Musgrave. I think there was a bit of concern last night when the word 'receivership' was banded about.

"I'm confident that, this morning, we've allayed a lot of those concerns."

Email Updates

Receive our lunchtime briefing straight to your inbox

More in this Section

20 new jobs for Kilkenny city

Sinn Féin: UK government 'going through the motions' in powersharing talks

'Devastating how much a single event can destroy a person': Husband of pregnant Malak Thawley, who died in surgery

Jobstown trial: 'All he is doing is holding a banner walking up the road, with some old dears from Tallaght'


Today's Stories

County council issues legal warnings over ghost estates

Surge in number of gardaí going to watchdog

Garda HR chief told of bid to ‘go after’ McCabe, says file given to tribunal

Paschal Donohoe plans first balanced budget since crash

Lifestyle

Move over, David Gandy — there’s a new crew of Irish men making their mark on the catwalk

The benefit of sport is more than just winning

Dublin Cookie Co is cooking up a business

Ask Audrey: I tried tantric sex with my yoga instructor once and we managed 47 minutes before the bus arrived at Parnell Place

More From The Irish Examiner