Superquinn suppliers unsure if costs will be met by Musgrave takeover

In the wake of the Musgrave Group’s purchase of Superquinn today – The Food and Drink Industry Ireland (FDII), the Ibec group that represents the food industry, questioned whether suppliers owed up to €100m by Superquinn will be paid in full for goods provided.

Paul Kelly, FDII director, said: “Failure to pay these companies what they are rightly due will have a disastrous effect on the supply chain and affect the immediate viability of many food companies, placing thousands of jobs at risk.