Pat the Baker Acquisition by London Private Equity Firm
I have some exciting news to share with you today! The owner of Pat the Baker is set to be acquired by a London-based private equity firm called Mayfair Equity Partners. Mayfair has its hands in a number of businesses in Ireland, so this acquisition is not their first rodeo.
According to the Competition and Consumer Protection Commission (CCPC), Mayfair already controls several other companies in Ireland, such as Promise Gluten Free, a bakery supplier based in Donegal. This bakery is under the leadership of Patrick O’Sullivan, their chief executive.
It’s always interesting to see these kinds of deals happening in the business world. The acquisition of Pat the Baker shows that there is a lot of movement and growth happening in the retail sector. And with Mayfair’s track record, we can expect some strategic changes and developments in the near future.
In other news, did you know that a record number of Irish work permits were granted this year? It’s always fascinating to see how the business landscape is evolving and expanding. Stay tuned for more updates on these exciting developments!