The acquisition of Cork ice cream maker Silver Pail by Spanish ice cream giant Grupo Alacant in a multimillion-euro deal has been cleared by the competition regulator. Silver Pail employs 100 people at its manufacturing site in Fermoy, which was established in 1978 by dairy scientist Michael Murphy. Silver Pail specialises in producing premium tubs crafted with locally sourced milk and cream for retailers and foodservice operators like Tesco and Aldi. Silver Pail saw its revenues increase by 10% in 2024 to €26m, with gross profits of €4.1m and operating profits for the year of €1.45m. Grupo Alacant had revenues of €226.1m in 2023, selling 99m litres of ice cream.

Source: Irish Examiner April 07, 2026 17:13 UTC