Musgrave Group powers ahead as sales rise to €4.6bn

SALES at Musgrave Group rose 4.5% to €4.6 billion last year making it the main challenger to Tesco in the Irish grocery market.

The Cork-based wholesaler owns eight retail franchises in Ireland and Britain including SuperValu and Centra in its home market which are continuing to grow.

Profits at the group rose at faster than sales and were up 14.2% to €81m.