Musgrave to acquire Allied Logistics from DCC
Print30 October 2014
Musgrave Retail Partners Ireland has today (30 October) agreed to acquire the Allied Logistics business from DCC plc. The acquisition is conditional on clearance from the Irish Competition Authority.
Allied Logistics provides ambient and temperature controlled storage and distribution services in Ireland and a press statement issued on behalf of Musgrave, said the acquisition will provide the retailer with access to a highly efficient frozen supply chain. Earlier this year Musgrave acquired the foodservice division of Allied Foods and will continue to provide supply chain services to all of Allied Logistics existing customers.
Commenting on the announcement, Martin Kelleher, managing director, Musgrave Retail Partners Ireland, said: “Allied Logistics is an excellent strategic fit for our operations in Ireland and there is a natural synergy between both organisations. We have a long-standing trading relationship and look forward to the employees of Allied Logistics joining Musgrave.”
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