Rangatira Investments takes 50% stake in Mrs Higgins for undisclosed sum

Tue, 12 Dec 2017

By Rebecca Howard Dec. 12 (BusinessDesk) - Rangatira Investments has taken a 50 percent stake in specialist cookie retailer Mrs Higgins, and will help bankroll a new manufacturing plant due to open in February as well as further expansion. "Rangatira has a history of investing in family-owned businesses that are looking for another growth spurt, so it was quite a good fit for us," chair David Pilkington told BusinessDesk. He declined to say how much it had paid for the stake. Mrs Higgins chief executive Markus Hasler also declined to...

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