Tuesday, November 30, 2021

Tesco Ireland has today announced a deal to buy ten Joyce’s Supermarkets retail stores based in Galway for an undisclosed sum.

Joyce’s Supermarkets, founded by Patrick C Joyce started the family business in Headford in 1951 with a small grocery store and followed this with a travelling shop and then developed into a general supermarket. The company only celebrated 70 years in business this year.

Pat Joyce took over the business in 1988 and since then nine more supermarkets have been opened in Knocknacarra, Athenry, Tuam, Inverin, Ballybane, Fr Griffin Road, Doughiska, Oranmore and Oughterard.

The group employs over 500 people in the region.

Tesco Ireland chief executive Kari Daniels said the deal is a great platform for Tesco to expand their services to more customers.

“I look forward to bringing Tesco to more communities in Galway in the year ahead – this agreement provides a great platform for us to bring our value, quality and range of products to more customers.

“Pat Joyce, the management and wider team at Joyce’s Supermarkets have built a fantastic business over many years and there are great aspects of the Joyce business that can complement our Tesco offering.”

Pat Joyce, Managing Director of Joyce’s Supermarkets, said today’s deal was a historic moment for his business, which he has run for over three decades.

“We have carefully considered the opportunity and are very pleased to pass our business on to an established brand in Tesco that promotes quality and excellence across its business, and which has an established presence in the Irish market.

“Should this acquisition be approved, I believe the move will be of significant benefit to them, and I would look forward to continuing our work well into next year as part of a transition period,” Mr Joyce said.

Tesco Ireland has 151 stores nationwide and five in Galway. It employs over 13,000 people in cities and towns around Ireland and partners with over 490 Irish suppliers.

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