Musgrave makes top private firm list

MUSGRAVE has made the list of the world’s largest private companies, the only Irish firm do so.

The Cork-based firm, which owns the Centra and SuperValu business, is the largest retailer in Ireland ahead of Dunne Stores and Tesco.

Musgrave had turnover of €3.34 billion in 2003, a 20% rise in the previous year with profits coming in at nearly €60 million and has expanded in Britain through the acquisition of Londis.