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Business to benefit from LCC acquisition

Cheaper bills could be on the way for local businesses after Cookstown-based energy firm, LCC, acquired the Cloghan Point oil terminal near Carrickfergus. The multi-million pound acquisition will see LCC, which owns the GO forecourt brand, invest £15 million in the facility to accommodate larger tankers of up to 120,000 tonnes’ capacity. Currently, most tankers docking in Irish ports are ...

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Musgrave MarketPlace raise over €43k for Simon Community

Musgrave MarketPlace stores across Ireland raised over €43,000 last year for their charity partner, the Simon Community. The Simon Community provides much-needed services to over 8,300 people across the country, such as providing housing with support, specialist health services, emergency accommodation and rough sleeper outreach teams. In 2016, all ten Musgrave MarketPlace stores participated in national fundraising initiatives, including coffee ...

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Ireland’s Convenience Retailer Summit to ‘inspire’ as sales soar

Ireland’s Convenience Retailer Summit will inspire further growth in the market, its organisers have said, as new figures show retail sales soar by 3.3% over the past year. The February 2017 retail sales index from the Central Statistics Office show an annualised sales increase of 3.3% in Ireland. And according to its organisers, the Ireland’s Convenience Retailer Summit taking place ...

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State aid package needed to mitigate Brexit – Ibec

The CEO of a major Irish business group has called for a state aid package for Irish business to mitigate the “risk of a divisive, damaging Brexit divorce”. Responding to the triggering of Article 50 by the UK on Wednesday, Ibec CEO Danny McCoy said the UK was “crashing out of the EU without a new trade deal or transitional ...

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€100k Cantina opens at Thomond Park

Cantina, the authentic Mexican street food experience by Topaz, has opened just opposite Thomond Park in Co Limerick. The store involved a €100,000 investment and the creation of six new jobs, and the opening was attended by Alan Quinlan, Munster Rugby legend and Cantina brand ambassador. Cantina Thomond Park is the fourth outlet to open and the first outside Dublin. The ...

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Karro Group bought for undisclosed sum

The Irish owners of major pig processors the Karro Group have sold the operation to a major private equity firm. Karro Food Group, formerly owned by Irish investment firm Endless LLP, received an offer by London-based investment firm CapVest, thought to be in the region of £180m. Headquartered in Malton, Yorkshire, the group operates a major plant in Cookstown which ...

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