[Earlier] Dunnes Stores’ Donnybrook Fair takeover is no more
Talks between Dunnes Stores and Donnybrook Fair have ended without a deal, months after speculation emerged about a takeover of the stylish supermarket chain.
Print17 September 2018
Takeover talks between Dunnes Stores and stylish and upmarket chain Donnybrook Fair have ended, according to reports. It emerged earlier this year that Dunnes Stores was seeking to buy out family-owned Donnybrook Fair, despite initially being denied by owner Joe Doyle. However, according to The Irish Times, that deal is now off after the two parties could not agree on a price for the business, which has six stores in Dublin and Wicklow.
Donnybrook Fair employs around 240 people, and has annual sales of approximately €27m. The group runs a cookery school at its flagship store in Donnybrook, Dublin, and owns a stake in artisan producer, Morehampton Foods.
No comment was issued by either party regarding the deal breakdown, though speculation has turned to whether another grocery giant will turn its eye to Donnybrook Fair. It is a strong brand with potential for expansion, so watch this space.
Related Articles
Visitors meet Dunnes Stores celebrity brand partners at Ideal Homes Show →
Irish Whiskey brands eye Chinese market growth in EU trade mission →
Maxol launches ‘Homegrown at Maxol’ 2024 programme →
Fans 0
Followers