Northern Ireland Chamber of Commerce and Industry Ambition Magazine

L-R: At the launch of Musgrave NI’s economic impact report at St Georges Market in Belfast are Musgrave NI’s Marketing Director Desi Derby, Chief Economist at Grant Thornton Andrew Webb, Musgrave NI’s Managing Director Trevor Magill and Trading Director Julie Cherry.

GROWING GOOD BUSINESS WITH MUSGRAVE NI Earlier this year, food retail, wholesale and foodservice company Musgrave Northern Ireland revealed a ten-figure annual contribution to Northern Ireland’s economy – a result of being one of the region’s top employers and its investment in local produce. 6,000 homegrown products across its retail stores and wholesale brands. The impact of its total spend with Northern Irish suppliers equated to a further £256 million injection in indirect expenditure,

FareShare NI; and it planted 5,000 native trees as part of a long-term environmental commitment. Trevor Magill, Musgrave NI managing director, said: “At Musgrave NI, we’re focused on Growing Good Business and adding value to all those within our ecosystem, including unwavering support for our local suppliers, creating quality employment opportunities and delivering everyday value for our customers. “Right across the board, we have deepened our investment in Northern Ireland over the past year through new store openings and refurbishments, environmental initiatives, local sourcing partnerships and impactful charity contributions. To see this all accumulate into a figure of £1.2 billion in economic output makes me incredibly proud of our team and the efforts that are made. We are committed to continuing this journey and to remaining a positive force in Northern Ireland’s economy, in support of the communities we’re part of.”

as calculated by Grant Thornton. In 2024, Musgrave NI reinforced its commitment to supporting local producers and delivering value to customers by launching a new brand, Good Food Locally Sourced. This initiative represented a £14 million investment in partnerships with local suppliers. Such has been the success of the range, it’s on track to deliver £15 million in retail sales this year. Alongside Musgrave NI’s economic impact is a significant social impact. In 2024, the business invested £6 million in value-focused initiatives to support affordability; it raised over £260,000 for its charity partners Action Cancer and Northern Ireland Chest Heart and Stroke bringing the total raised for both charities to £4.4 million; it donated over 7,200 meals to people in need through

Growing Good Business: An Economic and Social Impact Report, prepared by leading economists at Grant Thornton on behalf of Musgrave NI, set out how critical the business is to Northern Ireland – supporting the employment of over 5,000 jobs, working with 250 local suppliers and investing significantly in local communities, as well as in sustainability and affordability initiatives. Among Musgrave NI’s key annual contributions are: £1.2 billion in total spending across the NI economy; £329 million in Gross Value Added; and £240 million invested in local supply partnerships. Operating in Northern Ireland since 1983, Musgrave works indirectly with over 3,000 farmers and features over

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