Musgrave Group acquisition approved

MUSGRAVE GROUP announced that it has received regulatory approval for the completion of its acquisition of J&J Haslett, a food wholesaler and cash and carry business in Northern Ireland.

The transaction, which will be completed on September 17, was subject to the regulatory approval of the competition authority in the Republic of Ireland and the office of fair trade in Britain.

J&J Haslett, which has been in business since 1854, supplies almost 200 Mace and 70 XL Stop and Shop stores as well as operating seven Holmes cash and carry outlets.