Food and grocery distributor Musgraves has announced pre-tax profits of €72.5m for the year ended December 2005, up 5% on the previous year. After-tax profits increased by 8% to €55.9m.

The team to represent Ireland at the European Seniors and Nations Cup Championship being played at Chantilly Golf Club, France in June has been announced today.

The SuperValu/Centra chains are due for further expansion in this country with an extra 20 stores opening by the year’s end, Musgrave Group chief executive Chris Martin has disclosed to the Evening Echo.

Irish retail giant Musgrave today announced record profits after tax up 20% to €51.5m for 2004, with turnover climbing 13% to €3,762m.

MUSGRAVE Group, which paid a dividend of €12.17 million to shareholders last year, is worth at least €447 million, accounts filed with the Companies Registration Office indicate.

The annual Crosbie Senior Foursomes at Cork Golf Club yesterday was won by senior internationals Patrick Harrington, Muskerry and Gerry O’Keeffe from Waterford.

The incoming boss of the Musgrave Group has pledged to retain and promote the values which have helped the company develop from a small operator into a €3bn-a-year company.

Seamus Scally (aged 61), the mastermind behind building the SuperValu and Centra chain of stores is to retire as boss of the Musgrave Group, owner of the franchises.

IRELAND’s largest food distributor — Musgrave Group plc — has made a surprise €57m bid for Londis in Britain, which has a turnover of more than €1.4bn.

Food distributor Musgrave has made a €57m offer for the British stores of convenience retail group Londis.

Musgrave Group Limited have reported pre-tax profits for the 12 months to December 2002 of €57.6m, a 22% increase on the €47.1m recorded for 2001.