Rescue Deal Saves Over 400 Jobs at Roberts Bakery
A pre-pack deal with Boparan Private Office has saved 433 jobs at Roberts Bakery.
The deal, made for an undisclosed fee, creates a new company, Roberts Bakery 1887 Ltd, owned by entrepreneur Ranjit Singh Boparan.
- The new company is a reference to the year the Cheshire-based business was founded.
- Roberts Bakery produces bread, speciality bread, and sweet treats for supermarkets and coffee shops.
The investment from Boparan Private Office has helped safeguard jobs across two sites.
The deal comes after the family business filed a notice of intention to appoint administrators.
Author's summary: Rescue deal saves 433 jobs at Roberts Bakery.
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