He has been recognised for services to the economy and the community in County Tyrone in Northern Ireland.
The New Year Honours List, published by order of King Charles III, marks the incredible public service of individuals from across the United Kingdom.
Commenting on this recognition, Tobias Wasmuht, managing director of Spar International said: “Peter is a true SPAR ambassador internationally, a great retailer, a leader for the independent retail sector, and a local champion for the communities he supports.
“On behalf of the fellow board members of the International Spar Guild of retailers on which Peter has served since 2019, I extend our appreciation and heartfelt congratulations to Peter and his family.”