#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 4°C Thursday 4 March 2021

Receivers appointed to Superquinn chain

The company is reported to have debts totalling €400 million.

Image: Graham Hughes/Photocall Ireland!

RECEIVERS HAVE BEEN appointed to the supermarket chain Superquinn this evening.

Receivers Kieran Wallace and Eamonn Richardson of KPMG were appointed to the businesses by a syndicate of banks, RTÉ reports.

The chain, which employs nearly 2,800 staff, has debts of around €400 million. It is understood that the company will continue trading as normal while a buyer for the business is being sought.

Read more on RTÉ >

About the author:

Read next: