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 investment firm, owned by entrepreneur Ranjit Singh Boparan, created a new company, Roberts Bakery 1887 Ltd, in a deal made for an undisclosed fee.
The new company is a reference to the year the Cheshire-based business was founded.
The deal comes after Frank Roberts & Son Ltd, a fourth-generation family business, filed a notice of intention to appoint administrators just over a week ago.
- 433 jobs saved across two sites
- New company: Roberts Bakery 1887 Ltd
- Deal made for an undisclosed fee
Author's summary: Rescue deal saves jobs at Roberts Bakery.
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