Superquinn’s suitors are queuing up

SUPERQUINN has denied that it is up for sale, but has confirmed it has received expressions of interest from British retailers.

Press speculation in recent days has suggested that the Irish supermarket’s owners — Select Retail Holdings (SRH) — is considering selling the company after enlisting investment bank Goldman Sachs to handle takeover proposals from British retail chains.

A spokesperson for SRH/Superquinn said yesterday that while interest has been shown from Britain, Superquinn’s owners of “are not actively looking to sell the business”.