Mother's bought out by investment company
Popular patty maker and food chain Mother's Enterprise Limited has been acquired by the Roots Financial Group.
“We acquired 100 per cent of Mother’s Enterprises,” said Kevin Donaldson, principal owner of Roots Financial.
Roots sees potential in expanding Mother’s operations, investing in staff, customer sensory satisfaction, and expanding export opportunities.
The deal, which took effect last Thursday, was executed through MEL 2022 Limited, a company created by Roots Financial to hold the shares in Mother's.
The food chain operates 16 stores, school canteens, a bakery at Devon House, and the Pimentos restaurant
Donaldson said that the chain employs some 800 persons.
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