Dunnes Stores acquisition of two meat wholesale businesses, Whelan Food & Meat Processors Ltd and Tipperary Sustainable Food Company Ltd, has been cleared by the Competition & Consumer Authority. The proposed deal was first notified to the competition authority just over a month ago.
The meat wholesale businesses that Dunnes has acquired are owned by well-known Tipperary butcher Pat Whelan. The transaction is only for the two wholesale businesses and not the chain of well-known butcher stores operated by Whelan.
Both businesses are located in Co Tipperary and described as operating in the retail sale of meat and related products. The deal is private, with no figures disclosed.
Fifth generation
Whelan Food & Meat Processors was established in 2001 with an address at Clonmel, Co Tipperary. The second business, Tipperary Sustainable Food Company Ltd, was set up in 2008 and also has an address in Clonmel.
The latest accounts filed for Tipperary Sustainable Food Company show the business made profits of more than €280,000 in 2014.
Pat Whelan, a director of both businesses, is a fifth-generation butcher who also operates a chain of high-end butcher stores in Rathcoole and Monkstown in Dublin, Kilmacanogue near Bray in Wicklow, and Clonmel in Co Tipperary. This chain of butcher stores is not part of the deal.
Whelan Butchers and its beef dripping product were winners of the supreme award for the best food product in the UK and Ireland at the 2015 Guild of Fine Food Awards in London.
Dunnes Stores primary supplier of meat is Martin Jennings Wholesale in Co Mayo.