Rescue Deal Saves Over 400 Jobs at Roberts Bakery
A pre-pack deal with Boparan Private Office has saved 433 jobs at Roberts Bakery across two sites.
The investment, made for an undisclosed fee, sees the creation of a new company, Roberts Bakery 1887 Ltd, a reference to the year the Cheshire-based business was founded.
The deal comes just over a week after the fourth-generation family business filed a notice of intention to appoint administrators.
The company, which produces bread under the Roberts Bakery brand as well as speciality bread and sweet treats, will continue to operate under the new ownership.
About the Deal
- The deal was made by Boparan Private Office, owned by entrepreneur Ranjit Singh Boparan.
- The new company, Roberts Bakery 1887 Ltd, will safeguard the jobs of 433 employees.
Author's Resumen: Rescue deal saves 433 jobs.
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